Nov 092019
 
 November 9, 2019  Posted by at 9:32 am Finance Tagged with: , , , , , , , , , ,  7 Responses »


Paul Gauguin Sheperd and sheperdess in a meadow 1888

 

MSM Gets History & Russia All Wrong AGAIN (RT)
Trump Has ‘No Problem’ Releasing Second Phone Call With Ukraine (NBC)
Anonymous Author Writes Trump’s Decision-Making Is Eroding Over Time (NBC)
‘Steady State’ Kept ‘Wheels From Coming Off The White House Wagon’ (Hill)
Facebook Scrubs All References To Alleged Whistleblower Eric Ciaramella (ZH)
Trump On Impeachment: ‘They Shouldn’t Be Having Public Hearings’ (Hill)
Giuliani: Ukraine Quid Pro Quo Intended To Benefit Trump Personally (WE)
Enter the Old White Knight (Kunstler)
Brazil’s Former President Lula Released From Prison (RT)
Southwest and American Pull 737 MAX Until Early March (R.)

 

 

Over 20 million Russians died in WWII. This should be mandatory knowledge in all western schools. And for reporters. It’s about respect. It should also be mandatory for US presidents to attend V-Day, certainly when it’s the 75th.

MSM Gets History & Russia All Wrong AGAIN (RT)

US President Donald Trump managed to trigger his critics again by saying he would love to go to Russia for the celebration of victory in WWII – which a reporter and most media misnamed as the long-nonexistent “May Day parade.” “I would love to go if I could,” Trump said on Friday, answering a reporter who had asked if he would go to the “May Day parade” in Moscow next year. “I am thinking about it.” Trump noted it was in the middle of the campaign season for the 2020 US presidential election, so he might be busy. The mere mention of the possibility of going to Russia is enough to send the US president’s critics into a frenzy, but the mention of “May Day” had them additionally shrieking in outrage.

“All roads lead to Putin!” exclaimed Raw Story, rolling out a gamut of #Resistance Twitter reactions echoing that line from House Speaker Nancy Pelosi. Leading the way was CNN anchor Jim Sciutto, who characterized the parade as “a celebration of Russian military power, which Putin is using to undermine US national security interests across the globe.” [..] The trouble with all these hot takes is that there is no such thing as the “May Day military parade,” and hasn’t been in over 50 years. During the Cold War, the Soviet Union did roll out the tanks and missiles on Red Square for International Workers’ Day, but the last such military display was in 1968.

Trump’s own response on Friday – “It’s a very big deal, celebrating the end of the war” – indicates he knew perfectly well to which event he’d been invited: the 75th anniversary of the Allies’ triumph over Nazi Germany in the Second World War, which Russia will celebrate on May 9, 2020.

Read more …

No, NBC, it’s V-Day, not a May Day military parade.

Trump Has ‘No Problem’ Releasing Second Phone Call With Ukraine (NBC)

President Donald Trump said Friday that he spoke to the president of Ukraine by phone in April, months before the call at the center of the impeachment inquiry, and that he was willing to provide a transcript of the call. “I have the second call, which nobody knew about,” Trump said, speaking to reporters as he left the White House on Friday morning, referring to that spring conversation. “I guess they want that to be produced also. … I understand they’d like it, and I have no problem giving it to them.” Trump was referring to the three House committees leading the impeachment inquiry, which was prompted by a whistleblower complaint about a phone conversation Trump had with Ukrainian President Volodymyr Zelinskiy on July 25.


The president said that the White House counsel did not want to release “all this information” but that he did not object to turning it over. “I had a call, I’m sure it was fine. I make a lot of calls. But I have no problem releasing it. I’m very transparent,” he said, though he was concerned that doing so “sets a bad precedent” with foreign leaders who might worry about the privacy of their future conversations with the United States. Trump said his first phone call with Zelinksiy was “very revealing,” adding it was another “perfect” call. Trump also said that he is considering visiting Russia for its May Day military parade. “I am certainly thinking about it,” he said, adding that President Vladimir Putin had extended an invitation

Read more …

Smearing has turned anonymous. The media should ignore it completely. They do the opposite.

Anonymous Author Writes Trump’s Decision-Making Is Eroding Over Time (NBC)

President Donald Trump’s behavior can be so erratic that most top administration officials have pre-written resignation letters ready to submit, an anonymous author claiming to be a senior official in the Trump administration says in a book scheduled to be published this month. To complicate matters, the president’s decision-making abilities are getting worse with time, according to excerpts of “A Warning” that were obtained and read Thursday night on MSNBC’s “The Rachel Maddow Show.” The author, described only as “a senior Trump administration official,” is the same person who wrote an op-ed in The New York Times last year headlined, “I am part of the resistance inside the Trump administration.”

The column said “many of the senior officials in his own administration are working diligently from within to frustrate parts of his agenda and his worst inclinations.” The information is coming from an anonymous source, and NBC News does not know who the writer is nor whether they were in a position to have witnessed what they say transpired. In the book excerpts, the author describes near-daily “five-alarm fire drill” that leads senior officials to cancel plans and race to the White House to intercept Trump before he can enact his latest “wacky or destructive idea.” “Staff throw up the Bat-Signal, calling a snap meeting or a teleconference. ‘He’s about to do something,’ one warns the group, explaining what the president is about to announce.” “‘He can’t do this. We’ll all look like idiots, and he’ll get murdered for it in the press,’ another exclaims. “‘Yeah, well, I’m telling you he’s going to do it unless someone gets to him fast,’ the first warns. ‘Can you cancel your afternoon?'”

[..] In excerpts published separately by The Washington Post, the author likens Trump to “a twelve-year-old in an air traffic control tower, pushing the buttons of government indiscriminately, indifferent to the planes skidding across the runway and the flights frantically diverting away from the airport.” “I’ve sat and listened in uncomfortable silence as he talks about a woman’s appearance or performance,” according to the Post’s excerpts. “He comments on makeup. He makes jokes about weight. He critiques clothing. He questions the toughness of women in and around his orbit. He uses words like ‘sweetie’ and ‘honey’ to address accomplished professionals. This is precisely the way a boss shouldn’t act in the work environment.”

Read more …

One half of the nation keeps on eating it all up.

‘Steady State’ Kept ‘Wheels From Coming Off The White House Wagon’ (Hill)

In a new book, the author of an anonymous New York Times op-ed has described a “steady state” that formed to “keep the wheels from coming off the White House wagon,” according to excepts from the book read by MSNBC host Rachel Maddow on her show Thursday. “The early Steady State formed to keep the wheels from coming off the White House wagon,” Maddow read from the excerpts of the book “A Warning.” “When presidential appointees started conferring about their shared concerns with the nation’s chief executive … it was done informally, in weekly phone calls or on the margins of meetings,” Maddow continued, citing the book. Many of the concerns staff members had about the president stemmed from his “inattentiveness” and “impulsiveness.”


[..] “In Russia, for instance, the president was reluctant to expel so many of Mr. Putin’s spies as punishment for the poisoning of a former Russian spy in Britain. He complained for weeks about senior staff members letting him get boxed into further confrontation with Russia, and he expressed frustration that the United States continued to impose sanctions on the country for its malign behavior. But his national security team knew better — such actions had to be taken, to hold Moscow accountable,” the person wrote last year. “This isn’t the work of the so-called deep state. It’s the work of the steady state,” they continued at the time. The Post on Thursday also reported on an excerpt of the book in which the anonymous person, billed as “a senior official in the Trump administration,” wrote that officials wake up “in a full-blown panic” due to Trump’s tweets.

Read more …

And Twitter too. Curious. Everyone knows the name. So why the censorship?

Facebook Scrubs All References To Alleged Whistleblower Eric Ciaramella (ZH)

Facebook announced on Friday that it would be removing an posts which name alleged Trump-Ukraine whistleblower Eric Ciaramella. “We are removing any and all mentions of the potential whistleblower’s name and will revisit this decision should their name be widely published in the media or used by public figures in the debate,” Facebook said in a statement in which they claim it violates their “coordinating harm” policy which prohibits content ‘outing of witness, informant, or activist.’ On Wednesday, the social media giant removed ads naming Ciaramella which had been viewed several hundred thousand times according to the Washington Post.

On Friday, Breitbart’s Allum Bohkari reported that the news outlet’s posts containing references to Ciaramella had been scrubbed from the site. Wednesday evening, Facebook removed Breitbart posts reporting on the fact other respected news outlets have reported the identity of the alleged whistleblower is Eric Ciaramella. Any Facebook user who attempts to click on that article on Facebook is now given a message that says, “this content isn’t available at the moment.” To be clear, Breitbart did not “out” the alleged whistleblower but did provide additional relevant reporting about him; he is, after all, a public figure, having served on the National Security Council. Moreover, his name has been used in the Mueller report (p283) and Ambassador Bill Taylor’s testimony.

Administrators of Breitbart News’ Facebook page began receiving notifications on Wednesday evening stating that Breitbart’s page is “at risk of being unpublished” but were not given any details as to why, or even which posts were allegedly at issue. -Breitbart Of note, it is not against the law for anyone except the Inspector General to disclose a whistleblower’s name. “There is no overarching protection for the identity of the whistleblower under federal law,” said attorney Dan Meyer, the former executive director of the intelligence community whistleblower program, adding “Congress has never provided that protection.”

Read more …

I think he means there should not be any hearings.

Trump On Impeachment: ‘They Shouldn’t Be Having Public Hearings’ (Hill)

Trump on Friday blasted the impeachment proceedings in his most extensive public comments since the first transcripts were released on Monday. He attacked Democratic lawmakers leading the impeachment process and suggested an attorney for the whistleblower who raised concerns about his call with the Ukrainian president should be sued “and maybe for treason.” Trump downplayed the potentially damaging effects of the transcripts that have been released thus far, claiming he was unfamiliar with many of the witnesses and that none of them had first-hand information. “I’m not concerned about anything,” Trump said. “The testimony has all been fine. I mean for the most part, I’ve never even heard of these people. There are some very fine people. You have some Never Trumpers. It seems that nobody has any first-hand knowledge.”

The president asserted that the only thing that counts is the partial transcript from his July 25 call with Ukrainian President Volodymyr Zelensky. While Trump has insisted that document shows the call was “perfect,” it depicts the president urging his Ukrainian counterpart to “look into” the Bidens after Zelensky brought up the need for military assistance. Trump added that he’s open to releasing a similar memo detailing an earlier call with Zelensky if Democrats demand a copy. The House Intelligence Committee will hold public hearings next week with three witnesses who have testified privately in recent weeks, presenting new challenges for Trump’s efforts to discredit members of his own administration.

Diplomat William Taylor and State Department official George Kent will testify on Wednesday, and former Ambassador to Ukraine Marie Yovanovitch will testify Friday. The White House has refused to cooperate with the process thus far, directing officials not to testify. Acting chief of staff Mick Mulvaney did not comply with a subpoena to testify on Friday. Trump told reporters at the White House he would have no problem with Mulvaney speaking with lawmakers, but he did not want to “give credibility to a corrupt witch hunt.”

Read more …

A very strange conclusion by the Washington Examiner. Defending a client against false accusations, which Giuliani says he did and does, equals “prioritizing Trump’s personal gain over that of the people”?!

Giuliani: Ukraine Quid Pro Quo Intended To Benefit Trump Personally (WE)

Here, the president’s personal attorney has conceded that he used formal diplomatic channels and the powers of the Oval Office to prioritize Trump’s personal gain over that of the people. Trump’s only option at this point is to throw Giuliani and his back-channel under the bus. It’s evident that Burisma only hired Hunter Biden for access to his father, even though it’s unclear that the vice president ever allowed the oil company or his son to exploit that connection. Furthermore, we know for a fact that Ukraine favored Hillary Clinton in the 2016 election. But we have diplomatic channels and strategies to combat legitimate corruption and investigate malfeasance.


Furthermore, Trump’s personal legal defense should not involve using the powers of the presidency — potentially without the property security clearances — to gain exculpatory evidence. For a personal attorney to use congressionally approved aid to advance a president’s personal interests over national interests is unconscionable. If Trump signed off on that, then yes, it’s clearly an impeachable abuse of power that proves he’s willing to illicitly interfere with the 2020 election.

Read more …

“..liable to end in a farrago of humiliation so intense that all the Lawfare ninjas on God’s green earth will not avail to rescue the Democratic Party’s lost honor..”

Enter the Old White Knight (Kunstler)

And how does Mike measure up against his old Boomer Gen fellow New Yorker and sometime adversary, Mr. Trump? For all of his gilded trappings, there’s no denying that Mr. Trump is beloved by what used to be known as the Salt of the Earth — more lately the “Deplorables” — despite the fact that the president may have actually never been on a New York Subway once in his well-padded life, while Mike was a renowned “strap-hanger” in his city hall glory days. The awful irony! Also, President DJT is almost never seen dressed in anything but that straightjacket of a business suit and tie, gold cufflinks and all, while Mike has often appeared in Hamptons casuals of perfectly distressed blue jeans, polo shirt, and Gucci loafers which, these days, is tantamount to hippie garb.

Mike’s most obvious selling point is that he appears to be what used to be known as “a normal person,” that is in speech, manner, and general comportment. But, normal to whom these days? Perhaps not to the WalMart shoppers moiling by the tens of thousands in those heartland arenas where Mr. Trump casts his magic spells of plain speech and surly manner, much beloved in these days of dastardly, confabulating lawyer-speak, gender studies crypto-metaphysical bullshit, and self-serving New York Times Ivy League ambiguation.

Speaking of which, what might Mike Bloomberg do about the impeachment circus led by the imbecile Adam Schiff that is liable to end in a farrago of humiliation so intense that all the Lawfare ninjas on God’s green earth will not avail to rescue the Democratic Party’s lost honor? Or, how will a Bloomberg campaign maneuver through the blizzard of indictments coming down against the former agents, servelings, chore-boys, foot-soldiers, and media sirens of Barack Obama’s runaway Deep State?

Read more …

Brazil will have to get rid of Bolsonaro. But it may be too corrupted to achieve that.

Brazil’s Former President Lula Released From Prison (RT)

A judge has ordered the release from jail of former President of Brazil Lula da Silva until his appeal process ends. Da Silva stands accused of corruption, though he and his supporters call the charges politically motivated. On Friday, the judge accepted the request filed by the ex-president’s defense team, authorizing him to leave jail. Da Silva will now be able to stay out of prison until his appeal process continues. Within two hours after the release request was accepted, former Brazilian President walked out of jail, meeting a large crowd of his supporters who gathered outside to celebrate the occasion. Shortly after the ruling, Lula’s official Twitter account released a video of of the 74-year-old working out. The post was accompanied by two words only: “Lula free”.


The move follows the Thursday ruling by the country’s Supreme Court, which overturned, in a 6-5 vote, its own 2016 decision, which had obliged convicted criminals to go to jail after they lose their first appeal. Now, the court decided such a provision to be non-constitutional, since the country’s basic law says no one can be considered guilty until due process is over. Luiz Inácio ‘Lula’ da Silva, who was Brazil’s president from 2003 to 2010, was slapped with a 12-year jail term as a result of a probe into an alleged massive corruption scheme, commonly known as the ‘Car Wash.’ The socialist icon has always maintained his innocence, vehemently rejecting all the accusations as politically-motivated.

Read more …

I wouldn’t bet on March either.

Southwest and American Pull 737 MAX Until Early March (R.)

Southwest Airlines and American Airlines Group Inc said on Friday they are extending Boeing 737 MAX cancellations until early March, just shy of the one-year anniversary of an Ethiopian Airlines crash of the jet that led to a worldwide grounding. Southwest and American, the two largest U.S. operators of the aircraft, have had to scale back growth plans and are together canceling more than 300 flights a day, taking a hit to profits as they manage slimmer fleets without the 737 MAX. Southwest, which has bet its entire growth strategy on Boeing’s newest single-aisle aircraft, had previously canceled all its 737 MAX flights until Feb. 8 and now expects a return to service on March 6, though it warned that the timeline could get pushed back again.


Boeing Co is facing increasing hurdles in obtaining approval to return the plane to service before the end of this year as it has targeted. [..] Reuters reported this week that U.S. and European regulators will need to return to a Rockwell Collins facility in Iowa to complete an audit of Boeing’s software documentation after regulators found gaps and substandard documents. Boeing has confirmed it must submit revised documentation. That has thrown into question when Boeing would be able to complete a certification test flight. The Federal Aviation Administration has said it would not unground the planes until 30 days after that flight occurs.

Read more …

 

A nice graph from Statista, but if they don’t specify which currency the debt is in, it loses much of its meaning.

 

 

 

Please support the Automatic Earth on Paypal and Patreon so we can continue to publish.

Top of the page, left and right sidebars. Thank you.

 

 

 

Nov 062019
 
 November 6, 2019  Posted by at 9:34 am Finance Tagged with: , , , , , , , , , , ,  17 Responses »


Dorothea Lange ‘We’re bound for Kingfisher (OK wheat) and Lubbock (TX cotton). We’ll be in California yet. 1938

 

ABC Stopped Jeffrey Epstein Report ‘Amid Palace Threats’ (BBC)
MSM Execs Part Of ‘Network Of People’ That Covered For Epstein – O’Keefe (RT)
Roger Stone, Trump Friend And Alleged Tie To WikiLeaks, Faces Trial (NPR)
Amid 2016 Election, State Dept Saw Burisma As Joe Biden’s Issue (Solomon)
Sondland Reverses Himself On Ukraine (Pol.)
Ryanair Grounds Three Boeing 737s After Cracks Found (G.)
Boeing Whistleblower Raises Doubts Over 787 Oxygen System (BBC)
The Recession In The Auto Industry Is Tanking The Global Economy (ZH)
China Signs Nearly 200 Deals For New Silk Road Projects (RT)

 

 

The BBC turns on Andrew?

ABC Stopped Jeffrey Epstein Report ‘Amid Palace Threats’ (BBC)

Leaked footage shows a US TV anchor complaining that editors “quashed” a story about paedophile Jeffrey Epstein due to pressure from the Royal Family. ABC’s Amy Robach is seen in the clip griping that her interview with an alleged victim of Epstein and Prince Andrew never made it to air. “The Palace found out,” she says, “and threatened us a million different ways.” An ABC news executive said there was “zero truth” to the assertion. Epstein, a wealthy and well-connected financier, was found dead in a jail cell in August while awaiting trial for sex crimes. His death was ruled a suicide by investigators. In the video, Ms Robach vents frustration that her 2015 interview with Virginia Giuffre – formerly Virginia Roberts – was never broadcast.

The clip was leaked on Tuesday by Project Veritas, a group that seeks to expose perceived liberal bias in the mainstream media. Ms Giuffre, 35, alleges she was abused by Epstein and was ordered to have sex with powerful men including Prince Andrew, the Duke of York. In court documents she said she was forced to have sex with the British royal on three separate occasions while she was under the legal age of consent. Prince Andrew has denied having “any form of sexual contact or relationship” with Ms Giuffre. In 2015, a judge ruled that the allegations made by Ms Giuffre regarding Prince Andrew were “immaterial and impertinent” and ordered them to be removed from a claim against Epstein.

“I’ve had this story for three years. I’ve had this interview with Virginia Roberts,” says Robach, speaking to someone off-camera. “We would not put it on the air. First of all, I was told, ‘who’s Jeffrey Epstein? No one knows who that is. This is a stupid story.’ “Then the Palace found out that we had her whole allegations about Prince Andrew and threatened us a million different ways. “We were so afraid that we wouldn’t be able to interview Kate and Will. “That also quashed the story,” the host of ABC’s 20/20 programme added. Robach also says that the interview included allegations against former US President Bill Clinton. “We had everything,” she continues. “I tried for three years to get it on, to no avail. “And now it’s all coming out and it’s like these new revelations and I freaking had all of it.”

Read more …

“They’re fine airing the allegations against Brett Kavanaugh, or [President Donald] Trump, or anybody else, but when it comes to Bill Clinton and some of these folks who are mentioned by Amy in this hot mic tape, they say they just didn’t have enough corroboration..”

MSM Execs Part Of ‘Network Of People’ That Covered For Epstein – O’Keefe (RT)

ABC and other mainstream media outlets refused to cover accusations against sex predator Jeffrey Epstein because “a network of people” that includes their executives were implicated, James O’Keefe of Project Veritas told RT. The Disney-owned network has doubled down on its insistence that anchor Amy Robach’s story on Epstein three years ago lacked “enough corroboration” and thus wasn’t aired. This was after Project Veritas released a “hot mic” video of Robach slamming the decision to quash the story. The conservative filmmaker told RT on Tuesday that he believes ABC’s refusal to budge from that explanation backs up Robach’s claim that “a network of people” – including the executives running her channel – are “covering up for this” because they are somehow “implicated.”

Robach had interviewed Epstein’s alleged sex slave Virginia Roberts Giuffre and other victims and claimed to have pictures and other proof to back up her story. The never-aired exposé was such a bombshell that it provoked intimidating calls from “the [UK royal] palace, which threatened [ABC] a million different ways,” and Epstein lawyer Alan Dershowitz – and the media establishment, O’Keeffe said, is very susceptible to such threats. Mainstream media’s decisions to suppress major stories like Epstein or the allegations of sexual assault against Hollywood producer Harvey Weinstein have contributed to a wholesale abandonment of trust in the media by the American people, O’Keeffe continued.

“It’s quite telling that this insider leaked this tape to Project Veritas and not the Washington Post, New York Times, CBS or CNN, because they seem to want to protect the people that were working with Jeffrey Epstein,” he added. They’re fine airing the allegations against Brett Kavanaugh, or [President Donald] Trump, or anybody else, but when it comes to Bill Clinton and some of these folks who are mentioned by Amy in this hot mic tape, they say they just didn’t have enough corroboration,” O’Keefe said, recalling that Robach had specifically mentioned that “we had [Bill] Clinton.”

Read more …

The advantages of silencing Assange: people can claim anything at all that would support any claim at all no matter how absurd. Assange and Wikileaks have denied any link to Stone, and he himself has too. But it no longer matters with Julian locked up in solitary. And now they use Stone’s empty braggadocio in an actual trial?!

Literally nothing in this report from NPR is true. But who cares anymore?

Roger Stone, Trump Friend And Alleged Tie To WikiLeaks, Faces Trial (NPR)

Stone and some of his associates may have been links in a chain that connected Trump in New York City with WikiLeaks founder Julian Assange in London, who at the time had confined himself in the Ecuadorian Embassy there. Assange, in turn, was in contact with Russia’s military intelligence agency, the GRU, which had stolen a trove of embarrassing material from political targets in the United States. WikiLeaks released many of those emails and other documents with disruptive effects on political life in the U.S. — and enjoyed public encouragement by Trump and his campaign. What Mueller’s investigation revealed was how much Trump and aides worked to get more.


The campaign built into its plans the expectation that there would be more damaging revelations about Hillary Clinton, and Trump’s campaign bosses also sought contact with some people connected with the interference over the course of the election season. Charging documents in Stone’s case describe a message from one of Stone’s contacts depicting the person in a photo taken outside the Ecuadorian Embassy — implying that he’d visited Assange — and other messages in which Stone and associates discuss the prospect of more “dumps” from WikiLeaks.

Read more …

Solomon rules.

Amid 2016 Election, State Dept Saw Burisma As Joe Biden’s Issue (Solomon)

In recent interviews, Joe Biden has distanced himself from his son’s work at a Ukrainian gas company that was under investigation during the Obama years, with the former vice president suggesting he didn’t even know Hunter Biden served on the board of Burisma Holdings. There is plenty of evidence that conflicts with the former vice president’s account, including Hunter Biden’s own story that he discussed the company once with his famous father. There also was a December 2015 New York Times story that raised the question of whether Hunter Biden’s role at Burisma posed a conflict of interest for the vice president, especially when Joe Biden was leading the fight against Ukrainian corruption while Hunter Biden’s firm was under investigation by Ukrainian prosecutors.

But whatever the Biden family recollections, the Obama State Department clearly saw the Burisma Holdings investigation in the midst of the 2016 presidential election as a Joe Biden issue. Memos newly released through a Freedom of Information Act lawsuit filed by the Southeastern Legal Foundation on my behalf detail how State officials in June 2016 worked to prepare the new U.S. ambassador to Ukraine, Marie Yovanovitch, to handle a question about “Burisma and Hunter Biden.” In multiple drafts of a question-and-answer memo prepared for Yovanovitch’s Senate confirmation hearing, the department’s Ukraine experts urged the incoming ambassador to stick to a simple answer. “Do you have any comment on Hunter Biden, the Vice President’s son, serving on the board of Burisma, a major Ukrainian Gas Company?,” the draft Q&A asked.

The recommended answer for Yovanovitch: “For questions on Hunter Biden’s role in Burisma, I would refer you to Vice President Biden’s office.” The Q&A is consistent with other information flowing out of State. As I reported yesterday, when a Burisma representative contacted State in February 2016 to ask for the department’s help in quashing the corruption allegations, Hunter Biden’s role on the company’s board was prominently cited. And a senior State Department official who testified recently in the impeachment proceedings reportedly told lawmakers he tried to warn the vice president’s office that Burisma posed a conflict for Joe Biden but was turned aside. There are no laws that would have prevented Hunter Biden from joining Burisma, even as his father oversaw Ukraine policy for the President Obama..

Read more …

400 pages means hours and hours of testimony, but he ‘forgot’ to mention the one thing he knew very well was key to it all? And now, after talking to “the right” people, he suddenly remembers? I’d give Sondland an F- on credibility.

Sondland Reverses Himself On Ukraine (Pol.)

In his revised testimony, released Tuesday by House impeachment investigators, Sondland said that during a Sept. 1 meeting in Warsaw, Poland, Ukrainian President Volodymyr Zelensky raised his concerns to Vice President Mike Pence about the suspension of military aid. Sondland, Trump’s ambassador to the European Union, added that he later told Andriy Yermak, a top Ukrainian national security adviser, the aid would be contingent on Trump’s desired investigations. “After that large meeting, I now recall speaking individually with Mr. Yermak, where I said that resumption of U.S. aid would likely not occur until Ukraine provided the public anti-corruption statement that we had been discussing for many weeks,” Sondland wrote in his addendum, which was released alongside a nearly 400-page transcript of his testimony.


Sondland revealed the exchange in supplemental testimony he submitted to House impeachment investigators on Monday, saying he had failed to recall the episode when he testified in person last month. Sondland, who had a direct line to Trump and was a major donor to his 2016 presidential campaign, had previously indicated he was unaware of any effort to connect military aid to Trump’s demand for politically motivated investigations. Sondland was eager to maintain that public posture, even with other U.S. officials working on Ukraine policy. Eight days after privately telling Yermak that military aid was contingent on Trump’s desired investigations, Sondland wrote in a text message to William Taylor, the top U.S. diplomat in Ukraine, that Trump had been “crystal clear” that there was no quid pro quo involving military aid and publicly announced investigations.

Read more …

It’s all over now, baby blue.

Ryanair Grounds Three Boeing 737s After Cracks Found (G.)

At least three Ryanair Boeing 737s have been grounded due to cracks between the wing and fuselage but this was not disclosed to the public, the Guardian can reveal. The budget Irish airline is the latest to be affected by faults in the “pickle fork” structure, which has sparked an urgent grounding of 50 planes globally since 3 October. While other airlines, such as Australia’s Qantas and America’s Southwest, have disclosed the number of their planes affected by the cracks, Ryanair – which operates the largest fleet of 737s in Europe – has previously refused to confirm how many of its planes have been affected. Last Thursday, the airline told the Irish Times it “does not expect” the global pickle fork issue would “have any impact upon our operations or fleet availability”.


The Guardian can now reveal three of their planes have been affected by the issue. It is understood that experts do not regard the presence of the cracks as a safety issue as long as appropriate checks are carried out. The grounded planes have the registration numbers EI-DCL, EI-DAL and EI-DCJ. All three are more than 15 years old. Flight tracking site Flight Aware shows that DCL and DAL are both currently in a known plane repair site, the Southern California Logistics Airport in Victorville, California. The third plane, DCJ, is in storage at Stansted airport in London. A copy of internal Ryanair engineering logs, seen by the Guardian, lists all three as having “pickle fork cracks”. “AOG [aircraft on ground] – R/H pickle fork crack – on repair in VCV [Victorville],” the logs for DAL read.

Read more …

Boeing’s response and defense: “safety, quality and integrity are at the core of Boeing’s values”. Maybe try another line next time.

Boeing Whistleblower Raises Doubts Over 787 Oxygen System (BBC)

A Boeing whistleblower has claimed that passengers on its 787 Dreamliner could be left without oxygen if the cabin were to suffer a sudden decompression. John Barnett says tests suggest up to a quarter of the oxygen systems could be faulty and might not work when needed. He also claimed faulty parts were deliberately fitted to planes on the production line at one Boeing factory. Boeing denies his accusations and says all its aircraft are built to the highest levels of safety and quality. The firm has come under intense scrutiny in the wake of two catastrophic accidents involving another one of its planes, the 737 Max.

Mr Barnett, a former quality control engineer, worked for Boeing for 32 years, until his retirement on health grounds in March 2017. From 2010 he was employed as a quality manager at Boeing’s factory in North Charleston, South Carolina. This plant is one of two that are involved in building the 787 Dreamliner, a state-of-the-art modern airliner used widely on long-haul routes around the world. Despite early teething problems following its entry into service the aircraft has proved a hit with airlines, and a useful source of profits for the company. But according to Mr Barnett, 57, the rush to get new aircraft off the production line meant that the assembly process was rushed and safety was compromised. The company denies this and insists that “safety, quality and integrity are at the core of Boeing’s values”.

In 2016, he tells the BBC, he uncovered problems with emergency oxygen systems. These are supposed to keep passengers and crew alive if the cabin pressurisation fails for any reason at altitude. Breathing masks are meant to drop down from the ceiling, which then supply oxygen from a gas cylinder. Without such systems, the occupants of a plane would rapidly be incapacitated. At 35,000ft, (10,600m) they would be unconscious in less than a minute. At 40,000ft, it could happen within 20 seconds. Brain damage and even death could follow.

Read more …

Best news ever for the climate movement.

The Recession In The Auto Industry Is Tanking The Global Economy (ZH)

The global economy continues to grind to a halt and the culprit has never been clearer: the auto industry. For the better part of almost 2 years now, we have been reporting monthly on marked slowdowns in key auto markets like China, North America and Europe. Now, the slowdown in this massive industry is what’s helping spur an overall global economic slowdown, according to FT. The reaches of the auto market go deep, with long supply chains and large consumption of raw materials, textiles, chemicals and electronics. The industry is home to millions of jobs and last year, the sector shrank for the first time since the global financial crisis. The IMF is estimating that this fall in output accounted for more than 25% of the slowdown in the global economy between 2017 and 2018.


The sector may also be responsible for up to 33% of the slowdown in global trade growth over the same period, the IMF said. Gian Maria Milesi-Ferretti, deputy director of the IMF’s research department said: “The car sector has been weighing heavily on manufacturing activity and growth.” And the fund’s forecast of a small lift in global trade in 2020 is dependent on a recovery in the auto sector. Conversely, the fund’s analysis also notes the potential further damage that could occur if the auto sector becomes the focus of the ongoing U.S./China trade war.

Read more …

But who pays? And in what currency?

China Signs Nearly 200 Deals For New Silk Road Projects (RT)

China’s trillion-dollar Belt and Road Initiative (BRI), also known as “One Belt, One Road,” has already attracted nearly 170 participants, Chinese President Xi Jinping has announced, vowing to further develop the project. “To date, China has signed 197 documents on Belt and Road cooperation with 137 countries and 30 international organizations,” he said in the opening speech at the China International Import Expo in Shanghai on Tuesday. The development of the initiative, which is aimed at boosting trade connections across the world and linking China with other countries, is a central part of plans to open up the Chinese market, according to Xi.


Other proposed measures include boosting investment and imports, lowering tariffs, developing free-trade zones, improving business environment as well as deepening bilateral and multilateral cooperation. “Standing at a new historical starting point, China will open its door only wider to the world,” Xi stated, calling for other countries to “stand firm against protectionism and unilateralism.” The ambitious BRI, launched in September 2013 by President Xi, could cost Beijing up to $1.3 trillion by 2027, according to Morgan Stanley’s estimates.

Read more …

 

 

 

 

 

Nov 052019
 
 November 5, 2019  Posted by at 9:11 am Finance Tagged with: , , , , , , , , ,  12 Responses »


Pablo Picasso Olga in a hat with feather 1920

 

Trump Refuses To Rule Out Government Shutdown If Impeachment Continues (Ind.)
Trump’s Impeachment Lures Democrats Into a Cold War Mentality (Maté)
How Far Will They Go? (Kunstler)
Nobody Talks About Impeachment on the Campaign Trail (Atl.)
Democratic Party, Not Russia, Has Delegitimized the Democratic Process (Vos)
Ryanair Says ‘Real Risk’ It Will Have No MAX Aircraft To Fly Next Summer (R.)
Ryanair Says Its Boeing 737 MAX Jets Will Not Fly Before Summer 2020 (Ind.)
FBI Tried To Make Iceland A Complicit Ally In Framing Julian Assange (Ind.au)
Julian Assange: The Lynching of the Charismatic Geek (GR)

 

 

It will get a lot crazier than it has so far.

Trump Refuses To Rule Out Government Shutdown If Impeachment Continues (Ind.)

Donald Trump has refused to rule out forcing a government shutdown if Democrats do not stop their impeachment inquiry into him. “We’ll see what happens,” the US president said when asked about the possibility of agencies being shuttered. During the last shutdown in December and January, hundreds of thousands of workers were furloughed or put on unpaid leave, while others in essential services, like hospital care, air traffic control and law enforcement, worked without pay for 35 days. It was the longest ever. Asked about Democrat concerns that he could shut down the government again if they continue to pursue and impeachment inquiry against him, Mr Trump replied: “I don’t think they believe that at all,”


Speaking on the White House lawn, he added: “I wouldn’t commit to anything. It depends on what the negotiations are.” Congress has a deadline of 22 November to reach a funding agreement before triggering a shutdown. Senate minority leader Chuck Schumer last week, said he was “increasingly worried” that Mr Trump could hold the US government hostage as a result of his anger with the impeachment inquiry which was launched last month after a whistleblower complaint from the unidentified US intelligence official who was concerned that the president’s actions on Ukraine were illegal and jeopardised national security.

Read more …

The political agendas of the so-called witnesses.

Trump’s Impeachment Lures Democrats Into a Cold War Mentality (Maté)

In the case of Taylor, arming Ukraine was a condition of his willingness to serve in the job. When the Trump administration asked him to take the position in Kiev, Taylor recalls thinking, “I could be effective only if the US policy of strong support for Ukraine… were to continue.” Taylor even told Secretary of State Mike Pompeo, “If US policy toward Ukraine changed, he would not want me posted there and I could not stay.” No wonder then, that Taylor was upset when he began to hear rumblings that US military assistance to Ukraine was in jeopardy. Another star witness, Vindman, offers a similar outlook. Russia, he says, “has manifested an overtly aggressive foreign policy” necessitating “a deterrent.”

To Vindman, that deterrent is “a strong and independent Ukraine,” which, he believes, is “critical to US national security interests because Ukraine is a frontline state and a bulwark against Russian aggression.” Morrison concurs, declaring that the administration’s policy “was to make sure the United States’ longstanding bipartisan commitment to strengthen Ukraine’s security remained unaltered.” In his view, “security sector assistance… is, therefore, essential to Ukraine.” Given their open dedication to ensuring the continuation of US military aid to Ukraine, it is reasonable to question if the trio’s interpretations of decisions and conversations about freezing military aid were colored by their own policy preferences. As The Washington Post put it, Vindman “told lawmakers that he was deeply troubled by what he interpreted as an attempt by the president to subvert U.S. foreign policy.”

While undoubtedly many Democrats and Republicans share Vindman’s foreign policy views, it should be up to the president, not unelected bureaucrats, to decide US foreign policy. Even if their recollections are accurate, the consequence of embracing their collective worldview is worth considering. We do not need wade far into the intricacies of the Russia-Ukraine conflict to know that the position of Taylor, Vindman, and Morrison—and by extension, the entire liberal political and media establishment now cheering them—is well to the right of what the Democratic Party embodied just one administration ago. The very US military assistance that Trump froze is the same that President Barack Obama refused to provide during his last years in office. Obama feared, as The New York Times noted in 2015, that US weapons sent to Ukraine “would only escalate the bloodshed” in the Donbass and possibly “[end] up in the hands of thugs” (a likely reference to far-right Ukrainians, which proved prescient).

Read more …

“They” as in the FBI and CIA. “Ciaramella has just been hung out to dry by his sponsor, Rep. Adam Schiff in a desperate attempt to dissociate himself from the huggermugger within his House Intel Committee that preceded the falsely blown whistle.”

How Far Will They Go? (Kunstler)

The CIA and the FBI are in a fight for their lives now. The evidence shows pretty clearly that these rogue agencies conducted all the election “meddling” of 2016 and that the RussiaGate hysteria was an engineered smokescreen to hide their tracks and cover their asses when the certainty of a Hillary election triumph nauseatingly resolved unfavorably in the cold, gray dawn of 11/8/16. Despite the chatter about an “insurance policy,” they were quite unprepared for the exposure that loomed. They also badly underestimated the resources of what is now a very sturdy alt.media which has managed to weave the real story of what happened over the past three years into a shocking tapestry of massive subversion and treachery.

A big part of the true story is how amazingly incompetent the RussiaGate coupsters were. Did they really believe they could conceal the ties between their agencies and Glenn Simpson’s Fusion GPS operation, and its feckless front man, British ex-spy Christopher Steele, and the whole outfit’s connection to Hillary Clinton and the Democratic National Committee? Did they suppose they could pass off Stephan Halper and Joseph Mifsud as Russian agents when the two have consorted with US and allied intelligence for decades? The US Department of Defense even holds Mr. Halper’s million-dollar pay stubs and Mr. Mifsud appears in photographs of every Western cloak-and-dagger cocktail get-together of spook officialdom for the last twenty years.

The latest, and most desperate gambit is the UkraineGate whistleblower, a CIA employee blatantly playing errand-boy for his mentor John Brennan and deeply tied to 2016 election shenanigans emanating from Ukraine, featuring his former employer, ex-Vice-President Joe Biden. This shadowy figure, pegged as Eric Ciaramella, 33, may shortly find himself in a grand jury chamber answering for his role in this charade. Ciaramella has just been hung out to dry by his sponsor, Rep. Adam Schiff in a desperate attempt to dissociate himself from the huggermugger within his House Intel Committee that preceded the falsely blown whistle.

Read more …

It’s all the media talk about, but it’s still not a winner. That says a lot.

Nobody Talks About Impeachment on the Campaign Trail (Atl.)

of the 13 candidates there, just one mentioned impeachment: Tom Steyer, the billionaire activist whose political group and TV ads over the past two years have helped mainstream the idea of removing the president. Steyer argues that his long record of being outspoken in favor of impeachment is a key part of why people should support his candidacy, yet his mention of impeachment Friday night got a warm but not overwhelming response. For the rest, despite all their Trump bashing that the crowd ate up—starting with Iowa Democratic Party Chair Troy Price’s introduction with “Let’s beat Donald Trump and send his ass back to Russia!”—impeachment was absent.

Was that the right call? I asked Janet Petersen, the leader of the Democrats in the state Senate, at the end of the night. “Probably,” she said. Iowans care about impeachment, and are paying attention to the national-security and economic-security issues at stake, “but that doesn’t prevent them from paying attention to things that matter, like paying for preschool.” It’s not that the candidates are going easy on the president. They appear to hate Trump and everything he stands for. The most cynical view is that candidates are making a brute-force political calculation, allowing others to speak up so that they can avoid risk. But Pete Buttigieg claims at least part of what’s going on is that candidates, like everyone else, can’t quite wrap their head around everything happening.

“On some level, you could say that the stakes right now, the level of crisis we’re facing, is so great that it’s almost impossible to speak to it through a traditional political process like a campaign,” Buttigieg told me in South Carolina last weekend. “In many ways, we may yet be underreacting.” Of course, part of being a politician is giving people what they want to hear. The candidates aren’t just guessing that they shouldn’t be talking about impeachment—they have teams of advisers and internal polls and focus groups and months of personal interactions that are telling them the topic gets them nowhere, for the same reasons they didn’t talk much on the trail about Special Counsel Robert Mueller’s report before or after a redacted version of it was released in the spring.

Even Andrew Yang—the candidate who finishes his rallies chanting, “Not left, not right—forward!”—on Friday afternoon threw in this line as he spoke to the crowd in Iowa: “If this is a game of rock-paper-scissors, Donald Trump is the scissors and I am the fucking rock!” But a few minutes later, marching across a bridge in front of hundreds of supporters chanting his name and his slogans, Yang told me that voters don’t want to hear about impeachment, and that he doesn’t think there’s much point in talking about it anyway. “We have to face facts, where not a single Republican crossed the aisle to support the impeachment vote,” he said. “That would certainly suggest that impeachment’s going to run aground in the Senate and this is going to wind up Donald Trump claiming innocence and vindication.”

Read more …

We need a special counsel.

Democratic Party, Not Russia, Has Delegitimized the Democratic Process (Vos)

Establishment Democrats and those who amplify them continue to project blame for the public’s doubt in the U.S. election process onto outside influence, despite the clear history of the party’s subversion of election integrity. The total inability of the Democratic Party establishment’s willingness to address even one of these critical failures does not give reason to hope that the nomination process in 2020 will be any less pre-ordained. The Democratic Party’s bias against Sen. Bernie Sanders during the 2016 presidential nomination, followed by the DNC defense counsel doubling down on its right to rig the race during the fraud lawsuit brought against the DNC, as well as the irregularities in the races between former DNC Chairwoman Debbie Wasserman Schultz and Tim Canova, indicate a fatal breakdown of the U.S. democratic process spearheaded by the Democratic Party establishment.


Influences transcending the DNC add to concerns regarding the integrity of the democratic process that have nothing to do with Russia, but which will also likely impact outcomes in 2020. The content of the DNC and Podesta emails published by WikiLeaks demonstrated that the DNC acted in favor of Hillary Clinton in the lead up to the 2016 Democratic primary. The emails also revealed corporate media reporters acting as surrogates of the DNC and its pro-Clinton agenda, going so far as to promote Donald Trump during the GOP primary process as a preferred “pied-piper candidate.” One cannot assume that similar evidence will be presented to the public in 2020, making it more important than ever to take stock of the unique lessons handed down to us by the 2016 race.

Read more …

How are they ever going to allow the thing to fly, and who will volunteer to be crew or passengers?

Ryanair Says ‘Real Risk’ It Will Have No MAX Aircraft To Fly Next Summer (R.)

Ryanair on Monday said there was a real risk that it would have no Boeing 737 MAX aircraft flying next summer if there are additional delays to the return to service of the grounded aircraft. “We have now reduced our expectation of 30 MAX aircraft being delivered to us in advance of peak summer 2020 down to 20 aircraft and there is a real risk of none,” Chief Executive Michael O’Leary said in a video presentation. “We have already reduced our passenger growth forecast … we may have to cut that again but frankly there is no point in keeping on changing the number until we get more certainty,” he said.

Read more …

“In July it was reported that Ryanair was renaming the Max as the “8200”.

Ryanair Says Its Boeing 737 MAX Jets Will Not Fly Before Summer 2020 (Ind.)

Ryanair will not fly the Boeing 737 Max before next summer, the airline’s chief executive has predicted. Europe’s biggest budget airline has 210 Max aircraft on order in a unique, high-capacity configuration, called the Max 200. Deliveries were due to begin in April 2019. But the plane has been grounded worldwide since March following two fatal accidents – both blamed on an anti-stall system known as MCAS. While Boeing has repeatedly insisted that the system will be made safe and the 737 Max will be flying by the end of 2019, Michael O’Leary said his airline will not operate them for a further six months.


He told the BBC Today programme: “Frankly we’ve now accepted they will be delayed beyond next March. “We now don’t expect to get them until summer next year, and then only 20 of them rather than the original 60 that Boeing had contracted to deliver. It’s a big challenge for us.” In July it was reported that Ryanair was renaming the Max as the “8200”. But the Ryanair boss said: “It’s a very safe aircraft, it’s a great aircraft, it has 4 per cent more seats, it operates with 16 per cent less fuel consumption and will enable us to offer lower fares at lower cost than ever.”

Read more …

Not an entirely new story, but important anyway. And attention for Assange in Australian media is long overdue.

FBI Tried To Make Iceland A Complicit Ally In Framing Julian Assange (Ind.au)

A minister of the interior wakes up one summer morning and finds out that a plane full of United States Federal Bureau of Investigation (FBI) agents has landed in his country, aiming to carry out police investigations without proper permission from the authorities. How many statesmen would have the strength to say, “No, you can’t do this”, to the United States? Former Icelandic Interior Minister Ögmundur Jónasson, in fact, did this — and for the sake of investigative journalism. He understood that something wrong with the sudden FBI mission in Reykjavik, and that this had to do with the whistleblowing website WikiLeaks and its publisher Julian Assange. Initially, it looked like a simple matter of collaboration against cyber attacks.

Mr Jónasson told IA: “In June 2011 I was told that U.S. intelligence had discovered that hackers were preparing an attack on Icelandic governmental institutions. I was asked if we wanted to cooperate with the Americans.” Of course, Iceland was interested in hearing what they had to say and then the idea was to evaluate whether to cooperate and to what extent. Icelandic police officers went to Washington and American officers visited Iceland in order to map the problem out, but no proof of possible attacks emerged. However, in August 2011, a plane full of FBI agents accompanied by prosecutors landed in Reykjavik. Jónasson says: “When I heard of this, I asked my colleagues in the Ministry if, unknown to me, the FBI had been given permission to carry out police work in Iceland. I certainly had not given such a permission and the decision should anyway have been on my table.”

He then spoke with the Chief of Icelandic Police, having been told a meeting had been planned. Jónasson explains: “I knew that the FBI were on the way to Police Headquarters with the intention to map out co-operation linked to the WikiLeaks issue. I requested that no such meeting should take place and that there should be no further contact whatsoever.” The FBI agents were not permitted to carry out any police work in Iceland. But this was not only about defending Iceland´s sovereignty. According to Mr Jónasson, during this process, he had been informed that the FBI showed up in Reykjavik with the aim of framing Julian Assange. While it would be logical to ask for some kind of documentary proof to this effect, Jónasson is clear:

“I am the proof. When I say they came here to frame Julian Assange and WikiLeaks, I don’t say this lightly, I am selecting my words very carefully, I know what I am talking about. I am stating this in accordance with my word of honour that I knew this was the case. I have testified to this effect in front of a parliamentary committee and in the parliamentary assembly, and my words have not been contested”>

Read more …

Coverage of Greta Thunberg’s Asperger is all positive. How about Assange?

Julian Assange: The Lynching of the Charismatic Geek (GR)

Once upon a time, there was a very bright little boy in Australia who grew up as stranger to conventional society. His mother went from husband to husband, from theater to cult, always on the eccentric margins, while the boy’s natural father was left behind. As an adolescent he found his own world in cyberspace, which offered a field for his insatiable curiosity. As he learned about that great world out there and its secrets, he developed his very own rigorous ethic: his vocation was to search for true facts and share them with the public. Living outside the usual social codes, his moral compass was uninhibited by the usual niceties. Truth was truth, deception was wrong, lies on the part of the powerful should be exposed.

The original sin of Julian Assange was the same as that of Galileo Galilei. Galileo sinned by revealing to the people things the elite already knew or at least surmised, but wished to keep secret from the masses, in order not to shake the people’s faith in the official truth. Assange did the same thing with the formation of WikiLeaks The official version of reality was challenged. All lies should be exposed. By far the most sensitive targets of his wide-ranging reality revelations were the lies, the hypocrisy, the inhuman brutality of the United States in its wars of global hegemony. To Assange, these things were simply wrong. At first, WikiLeaks attracted a great deal of popular attention and even acclaim. Julian Assange became famous. He was a geek, but he didn’t look like a geek.

Tall, handsome, striking with his nearly white hair, Julian was something strange: a charismatic geek. He arrived in Sweden with near superstar status. Swedish women contrived to get him into their beds. They bragged about having sex with Julian: he was a trophy lover. But the charismatic geek didn’t know the social codes of the peculiar Swedish forms of virtuous promiscuity. This lacuna was exploited by his enemies in extravagantly unpredictable ways. Julian Assange tried to straighten out what seemed to be a serious misunderstanding before leaving Sweden. But the Swedish side failed to make matters clear and he left for London. In London, he was quickly taken up by the radical chic branch of the British upper class, the champagne and caviar humanitarians. The naïve charismatic geek who didn’t know the social codes no doubt thought he was among friends. He didn’t belong to any political or social movement in the UK, he depended on the beautiful people who for a time found him an interesting outsider, one of their latest causes.

Julian Assange may have been socially naïve, but he very acutely perceived what the imperial powers were working up against him. The totally unjustifiable demand for extradition to Sweden for questioning – unjustifiable because they had declined to question him while he was there and then declined to question him in the UK – appeared to Julian to be an obvious device to enable Sweden to extradite him to the United States, given the total obedience of post-Olof Palme Sweden to the wishes of Washington. Others didn’t see this so clearly, except for the excellent President of Ecuador at the time, Rafael Correa. Correa offered Assange asylum in the tiny Ecuadorian embassy in London. Assange, unconventional, negligent of the codes, but with a clear view of the danger stalking him, jumped the bail set up for him and moved into the embassy.

Read more …

 

 

 

 

 

Nov 022019
 
 November 2, 2019  Posted by at 8:12 am Finance Tagged with: , , , , , , , , , ,  15 Responses »


Pablo Picasso Woman with blue collar (Portrait d’Inez) 1941

 

Christopher Steele Gave Evidence To UK Intrusion Inquiry (G.)
Trump-Ukraine Whistleblower Suddenly Won’t Testify (ZH)
Former CIA Heads Praise Deep State, Admit They Want to ‘Take Out’ Trump (SN)
A Partisan Impeachment Vote Is Exactly What The Framers Feared (Dershowitz)
Horse-Trading Is Not An Impeachable Offense (HE)
In Defense of Tulsi Gabbard (Sjursen)
Trevor Noah Asks Hillary: “How Did You Kill Jeffrey Epstein?” (ZH)
Halloween is Over and the Jig is Up (Kunstler)
Greek Refugee Camps ‘On Edge Of Catastrophe’ – EU Watchdog (BBC)
28,000 American Airlines Flight Attendants Refuse To Work On 737 Max (ZH)
Apple Introduces Gender-Neutral Versions Of Nearly Every Human Emoji (RT)

 

 

A fine piece of garbage co-authored by the least trustworthy man in UK media, Luke Harding, notorious for multiple fact-free Assange smear pieces. And really, Steele hasn’t been discredited enough?

Christopher Steele Gave Evidence To UK Intrusion Inquiry (G.)

A report on Russian interference in British politics allegedly being sat on by Downing Street includes evidence from Christopher Steele, the former head of MI6’s Russia desk whose investigation into Donald Trump’s links with Moscow sparked a US political scandal. Steele made submissions in writing to parliament’s intelligence and security committee (ISC), it is understood. [..] In April the US special counsel Robert Mueller corroborated Steele’s central claim that the Russians ran a “sweeping and systematic” operation in 2016 to help Trump win.


[..] on Thursday, Dominic Grieve, the MP who chairs the committee, accused Boris Johnson of sitting on the report – potentially preventing its publication before the general election. [..] Two sources told BuzzFeed that British intelligence found no evidence of Russian meddling in either the 2016 referendum vote or the 2017 general election. However, Steele’s involvement in the committee’s unpublished dossier raises the stakes considerably. [..] Experts who gave evidence were informed on Wednesday evening that the report was due to be published imminently. The decision to stop it from coming out is being seen inside Whitehall as unusual.

Read more …

Completely, completely nuts. They appear to have nothing, and try to drag that nothing out until the 2020 elections. This faultily labeled ‘whistleblower’ worked for Obama, Biden and Brennan, and was heavily coached by Schiff. And they STILL are afraid to use him. But Trump is the one under investigation?

If Trump did anything truly impeachable, and not merely “made up because you want to get rid of him”, by all means, impeach him. But in a regular way, one that includes Republicans. I can see now why Trump talks about impeaching Adam Schiff. Do the CNN, NYT and WaPo audience realize how damaging this whole affair is to their country?

Trump-Ukraine Whistleblower Suddenly Won’t Testify (ZH)

A CIA officer who filed a second-hand whistleblower complaint against President Trump has gotten cold feet about testifying after revelations emerged that he worked with Joe Biden, former CIA Director John Brennan, and a DNC operative who sought dirt on President Trump from officials in Ukraine’s former government. According to the Washington Examiner, discussions with the whistleblower – revealed by RealClearInvestigations as 33-year-old Eric Ciaramella have been halted, “and there is no discussion of testimony from a second whistleblower, who supported the first’s claims.” Ciaramella complained that President Trump abused his office when he asked Ukraine to investigate corruption allegations against Joe Biden and his son Hunter, as well as claims related to pro-Clinton election interference and DNC hacking in 2016.

On Thursday, a top National Security Council official who was present on a July 25 phone call between Trump and Ukrainian President Volodomyr Zelensky testified that he saw nothing illegal about the conversation. “I want to be clear, I was not concerned that anything illegal was discussed,” said Tim Morrison, former NSC Senior Director for European Affairs who was on the July 25 call between the two leaders. “There is no indication that either of the original whistleblowers will be called to testify or appear before the Senate or House Intelligence committees. There is no further discussion ongoing between the legal team and the committees,” said the Examiner’s source.

“The whistleblower is a career CIA officer with expertise in Ukraine policy who served on the White House National Security Council during the Obama administration, when 2020 Democratic presidential candidate Joe Biden was “point man” for Ukraine, and during the early months of the Trump administration.” -Washington Examiner In other words, House Democrats are about to impeach President Trump over a second-hand whistleblower complaint by a partisan CIA officer, and neither he nor his source will actually testify about it (for now…).

Read more …

No, you can NOT make this up: “This is the institution within the U.S. government — that with all of its flaws, and it makes mistakes — is institutionally committed to objectivity and telling the truth,” McLaughlin claimed.

The CIA is committed to telling the truth… You heard it here first.

Former CIA Heads Praise Deep State, Admit They Want to ‘Take Out’ Trump (SN)

Two former intelligence heads bragged about how the deep state is engaged in a coup to remove President Trump Thursday, with one even praising God for the existence of the deep state. During an interview with Margaret Brennan of CSPAN, former CIA head John McLaughlin along with his successor John Brennan both basically admitted that there is a secretive cabal of people within US intelligence who are trying to ‘take Trump out’. “Thank God for the ‘Deep State,’” McLaughlin crowed as liberals in the crowd cheered. “I mean I think everyone has seen this progression of diplomats and intelligence officers and White House people trooping up to Capitol Hill right now and saying these are people who are doing their duty or responding to a higher call.” he added.


“This is the institution within the U.S. government — that with all of its flaws, and it makes mistakes — is institutionally committed to objectivity and telling the truth,” McLaughlin claimed. “It is one of the few institutions in Washington that is not in a chain of command that makes or implements policy. Its whole job is to speak the truth — it’s engraved in marble in the lobby.” he continued to blather. Brennan also expressed praise for the deep state and admitted that the goal is to remove the President. “Thank goodness for the women and men who are in the intelligence community and the law enforcement community who are standing up and carrying out their responsibilities for their fellow citizens.” he said.

Read more …

Derhowitz has been heavily tainted by the Epstein saga, but he does make sense here. The Founding Fathers knew the risk involved in impeachment proceedings.

A Partisan Impeachment Vote Is Exactly What The Framers Feared (Dershowitz)

The House vote to establish procedures for a possible impeachment of President Trump, along party lines with two Democrats opposing and no Republicans favoring, was exactly was Alexander Hamilton feared in discussing the impeachment provisions laid out in the Constitution. Hamilton warned of the “greatest danger” that the decision to move forward with impeachment will “be regulated more by the comparative strength of parties than the real demonstrations of innocence or guilt.” He worried that the tools of impeachment would be wielded by the “most cunning or most numerous factions” and lack the “requisite neutrality toward those whose conduct would be the subject of scrutiny.” It is almost as if this founding father were looking down at the House vote from heaven and describing what transpired this week.

Impeachment is an extraordinary tool to be used only when the constitutional criteria are met. These criteria are limited and include only “treason, bribery, or other high crimes and misdemeanors.” Hamilton described these as being “of a nature which may with peculiar propriety be denominated political, as they relate chiefly to injuries done immediately to the society itself.” His use of the term “political” has been widely misunderstood in history. It does not mean that the process of impeachment and removal should be political in the partisan sense. Hamilton distinctly distinguished between the nature of the constitutional crimes, denoting them as political, while insisting that the process for impeachment and removal must remain scrupulously neutral and nonpartisan among members of Congress.

Thus, no impeachment should ever move forward without bipartisan support. That is a tall order in our age of hyperpartisan politics in which party loyalty leaves little room for neutrality. Proponents of the House vote argue it is only about procedures and not about innocence or guilt, and that further investigation may well persuade some Republicans to place principle over party and to vote for impeachment, or some Democrats to vote against impeachment. While that is entirely possible, the House vote would seem to make such nonpartisan neutrality extremely unlikely. It is far more likely that, no matter how extensive the investigation is and regardless of what it uncovers, nearly all House Democrats will vote for impeachment and nearly all House Republicans will vote against it. Such a partisan vote would deny constitutional legitimacy to impeachment.

[..] the partisanship strongly suggests that what Hamilton regarded as the greatest danger may be on the horizon, namely a vote to impeach a duly elected president based not on “real demonstrations of innocence or guilt” but rather on “comparative strength of parties.”

Read more …

Good find from Tyler. Go back to the Blagojevich case and take it from there. “[A] proposal to trade one public act for another, a form of logrolling, is fundamentally unlike the swap of an official act for a private payment.”

Horse-Trading Is Not An Impeachable Offense (HE)

Horse trading is the oxygen of politics; it is how politicians are persuaded to care about things that otherwise would not make their radar. Not only does it happen all the time, but it is a core feature of our political system; representative government relies on this kind of political trading to ensure a plurality of interests and needs are satisfied. Members of Congress routinely trade “policy for policy.” You sponsor my bill, and I’ll sponsor yours, you vote for a road in my district, and vice versa. Members even trade policy for personnel and hiring purposes: you support my bill, and I’ll let so-and-so’s hearing move forward, you appoint me to this, and I’ll recommend your protege for that.

These deals can even cross the blood/brain barrier between states and the federal government. It is not corruption. It’s the warp and woof of a democratic political system. But in routinely branding President Trump’s dealings with Ukraine as potential “corruption,” and pointing to the exchange of unrelated asks as proof of that corruption, our friends in the fourth estate are acting in willful ignorance and bad faith. The President has taken a firm position that he did not hold out foreign aid to Ukraine as a condition for investigating Hunter Biden’s activities there. But, even if he did, bargaining isn’t corruption—it’s policymaking.

An esteemed panel of federal judges in Chicago made precisely this point a few years ago. You may recall the prosecution of former-Illinois Governor Rod Blagojevich on various federal charges. And although the judges largely upheld his conviction, the U.S. Court of Appeals for the Seventh Circuit commentary on the affair was crystal clear. At least one of the counts that the trial judge had sent to the jury was just politics, pure and simple, and could not have been a crime. “[A] proposal to trade one public act for another, a form of logrolling, is fundamentally unlike the swap of an official act for a private payment.” In other words, swapping one policy for another is a political commonplace. “Governance would hardly be possible without these accommodations,” the court went on to observe.

Read more …

View from the military. Hillary has opened the door for any and all of them to be accused of working for Putin.

In Defense of Tulsi Gabbard (Sjursen)

“The trouble [with injustice] is that once you see it, you can’t unsee it. And once you’ve seen it, keeping quiet, saying nothing, becomes as political an act as speaking out. There is no innocence. Either way, you’re accountable.” – Arundhati Roy

Once again, Arundhati Roy – the esteemed Indian author and activist – more eloquently described what I’m feeling than I could ever hope to. After tours in Iraq and Afghanistan, a lifetime in the Army and burying several brave young men for no good reason, I couldn’t remain silent one moment longer. Certainly not about the madness of America’s failed forever wars, nor about domestic militarization of the police and the border, nor about the structural racism borne of our nation’s “original sin.” Still, most of my writing and public dissent has stayed within the bounds of my limited expertise: the disease of endless, unwinnable and often unsanctioned American wars.

At times it’s been a decidedly lonely journey, particularly in the many years I remained on active duty while actively dissenting. I was, and remain, struck by how few of my fellow soldiers, officers and recent post-9/11 veterans felt as I did—strongly enough, at least, to publicly decry U.S. militarism. Then I discovered Tulsi Gabbard, an obscure young congresswoman from Hawaii who, coincidentally, serves in the Army and is herself a veteran of the war in Iraq. In the current climate of Gabbard-bashing, where even sites like Truthdig offer measured criticism, it’s hard to convey the profound sense of relief I felt that someone as outspokenly anti-war as Gabbard even existed way back in 2016. She said things I only dared think back then; and as I did, she backed Bernie Sanders—a risky endeavor that likely doomed her to the recent slanderous accusations of treason by Hillary Clinton. That’s called courage.

Perhaps the appropriate place to begin my qualified defense of Gabbard is with Clinton’s outrageous—and unsubstantiated—assertion that the long-shot 2020 presidential candidate is being “groomed” by the Russians to run a third-party spoiler campaign in the general election. First off, Gabbard should seriously consider suing for libel. Clinton has veritably, and without a shred of evidence, accused her of treason, a crime that, due to Gabbard’s continued military service, is punishable by death. This is no small matter.

Read more …

I wasn’t going to include this, thought it’s a nice thing for Tyler to run with and that’s it. But I am still hurt and surprised by the total demise of American late night TV. Saw Noah the other day on Seinfeld’s Comedians with Coffee series, and he seemed like an okay guy. But they are all caught in the Jeff Zucker/NYT et al thing, of How Do You Make Money?: By Dumping On Orange Man Bad. It’s a scam for dollars. And Noah gets paid off of that.

But I used to like Letterman and Jon Stewart, and I don’t like that being taken away from me for scraps off the table. All the media made the same calculation: sure, we’ll lose half the audience, but the one half we get to keep, they’ll be fully addicted to us as long as we dump on Trump. Because Trump Sells Better Than Sex.

Trevor Noah Asks Hillary: “How Did You Kill Jeffrey Epstein?” (ZH)

In what was oh-so-transparently aimed a debunking a so-called “right-wing-conspiracy,” Daily Show host Trevor Noah jokingly asked, during an interview with Hillary and Chelsea Clinton on Thursday, “How did you kill Jeffery Epstein?” “I have to ask you a question that has been plaguing me for a while: How did you kill Jeffrey Epstein?” asked Noah to laughter from the New York studio audience. “Because you’re not in power, but you have all the power. I really need to understand how you do what you do, because you seem to be behind everything nefarious, and yet you do not use it to become president.” “Honestly, what does it feel like being the boogeyman to the right?” the host asked.


Clinton responded by saying it was a “constant surprise.” “Well, it’s a constant surprise to me,” she said. “Because the things they say, and now, of course, it’s on steroids with being online, are so ridiculous, beyond any imagination that I could have. And yet they are so persistent in putting forth these crazy ideas and theories. Honestly, I don’t know what I ever did to get them so upset.” Of course, it would not be Hillary Clinton if she did not take a jab at President Trump proclaiming that, “I don’t think his real philosophy is America First, I think it’s Trump First… [Trump]…clearly does Putin’s bidding…” Forward to around 6:09 for Noah’s Epstein question…

Read more …

Jim has a lot of faith in Bill Barr. I am a bit more reserved on that one.

Halloween is Over and the Jig is Up (Kunstler)

And so Nancy Pelosi and Adam Schiff take the Republic into a dangerous defile on a dark day as they engineer a House resolution with rules for a medieval-style inquiry on the existence of phantoms. The phantom du jour, of course, is the fabled “whistleblower,” a CIA ectoplasm identified by everybody and his uncle in Swampland as one Eric Ciarmarella, 33, a former Joe Biden staffer, Obama White House low-level NSC holdover, and John Brennan “asset” deeply involved in Ukrainian pranks during the 2016 election and subsequent disinformation leakage to the media since the early days of the Trump administration.

The “whistleblower’s” trail winds through every shadowy turn of RussiaGate to the current phantasmagoria of UkraineGate, and connects the principal misdeeds carried out along the way including Hillary Clinton’s devious operations with Fusion GPS, the Comey-led FBI’s illegal entanglement with CIA spying on US citizens (including occupants of the White House), and lately the mendacious maneuvers of House Intel Committee chair Mr. Schiff. The notion that Mr. Ciamarella’s identity will remain officially hidden much longer is a joke, since his “complaint” lies at the center of the impeachment process underway, and sooner or later he will be compelled to make public testimony — unless Ms. Pelosi’s House majority votes to rename the USA the Haunted Forest of North America.

And when this unmasked phantom finally faces legitimate cross examination his mischief will be plain for all to see. Do you also suppose that Mr. Ciamarella’s revealed adventures in perfidy have not been noticed by the attorney general, Mr. Barr, and his deputy John Durham? It seems obvious that the Democrats’ mad rush to this wholly irregular impeachment happened in direct, proportional response to the encroaching danger to them posed by the DOJ inspector general’s imminent report and the news a week ago that the AG upgraded his “review” of all things RussiaGate to a criminal inquiry, with grand juries assembled to process indictments.

Read more …

Yes, the new rightwing government is screwing things up even more than they were. But this is on the EU.

Greek Refugee Camps ‘On Edge Of Catastrophe’ – EU Watchdog (BBC)

Thousands of people living in “abysmal” refugee camps on two Greek islands are “on the edge of catastrophe”, Europe’s human rights watchdog has said. Dunja Mijatovic, Council of Europe Commissioner for Human Rights, spoke of an “explosive situation” on the Aegean islands, home to 36,000 asylum seekers. Hours later, Greece’s parliament passed a bill to fast-track deportations. The prime minister said refugees would be protected but Greece’s gates would not be thrown open to everyone. The left-wing opposition has criticised the law and some humanitarian groups, including United Nations refugee agency UNHCR, have warned it could restrict protection for asylum seekers.


But centre-right Prime Minister Kyriakos Mitsotakis said the move would deter those not entitled to asylum, telling parliament: “Enough is enough.” Nearly one million migrants refugees, including many fleeing war in Syria, crossed from Turkey to the Greek islands in 2015. Turkey agreed a financial deal with the EU to curb the influx but is still hosting 3.6 million Syrians. In recent months the numbers have surged and all the camps on the Greek islands are filled beyond capacity. [..] In a scathing assessment, Ms Mijatovic said: “The situation of migrants, including asylum seekers, in the Greek Aegean islands has dramatically worsened over the past 12 months. Urgent measures are needed to address the desperate conditions in which thousands of human beings are living.” She described the camps as “vastly overcrowded” places where people “queue for hours to get food and to go to bathrooms, when these are available”.

Read more …

Saw the Reuters piece early Friday, thought bigger version would follow. Relevant, though, because WHO would want to fly 737MAX? Not passengers, not crew.

28,000 American Airlines Flight Attendants Refuse To Work On 737 Max (ZH)

Tens of thousands of American Airlines’ flight attendants fear for their safety and will not work on Boeing 737 Max planes if they return to the air in 2020, the Association of Professional Flight Attendants (APFA) union’s president wrote in a letter to Boeing’s CEO this week, reported Reuters. “The 28,000 flight attendants working for American Airlines refuse to walk onto a plane that may not be safe and are calling for the highest possible safety standards to avoid another tragedy,” APFA President Lori Bassani said in the letter (seen by Reuters). Reuters noted the letter was dated Oct. 30, which followed several days of Boeing CEO Dennis Muilenburg being grilled by lawmakers in Washington after two Max crashes killed 346 people and led to a worldwide grounding of the plane in March.

Read more …

Don’t know about you, but I like pretty girls in their summer dresses. Should I feel guilty about that now? This feels like something well-intentioned that has gone terribly off the rails.

Apple Introduces Gender-Neutral Versions Of Nearly Every Human Emoji (RT)

The latest iOS 13.2 update is dividing digital fans with dozens of new genderless emoji characters. More choice or a step too far? iOS updates – they drain your battery and cause social anxiety – but the world can relax as the flamingo and otter emojis have finally been released. The update has delivered almost 400 images in total…. and it even includes a gender free vampire. But it seems the new mix of identity politics can stimulate confusion and division. Many online supporters have given a thumbs up to the Unicode Consortium team (that approves new emojis) as gender neutral choices and people with disabilities are now listed. But some fear too many choices are dividing society. Do we really need to be placed into so many boxes and categories?


Emoji characters now have a genderless character as well as male and female. Whoever thought a non-binary vampire even existed? Perhaps the emoji mafia are trying too hard. We have come such a long way since the original emoticon. What started off as a smiley face text two decades ago now equates to hundreds of people that can be represented. But this wasn’t enough, so Emojipedia declared the year 2015 as “the year of Emoji diversity” adding different skin colours, more female characters, gender inclusive people and more hair colours.

Read more …

 

 

 

 

 

Oct 312019
 
 October 31, 2019  Posted by at 8:28 am Finance Tagged with: , , , , , , , , ,  13 Responses »


Paul Gauguin Van Gogh painting sunflowers 1888

 

Trump-Ukraine Whistleblower Revealed (GP)
Adam Schiff Coached Vindman Throughout Impeachment Testimony – Nunes (ZH)
Tulsi Gabbard Unleashes On Erdogan: “Radical Islamist Megalomaniac” (ZH)
We May Not Have A 2020 Election – Kunstler (USAW)
The Fumes of Fanaticism (Kunstler)
Boeing Employee Raised Concern Over Max Sensor Three Years Before Crashes (G.)
Over 50 Boeing 737NG Grounded Globally With Wing-Related Cracks (RT)
Union Calls On Qantas To Ground Entire 737 Fleet For Investigation (G.)
The Age of Anger Exploding in Serial Geysers (Pepe Escobar)
Russia-India Counter-Terrorism Group Vows ‘Credible Action’ (RT)
Famed Pathologist Michael Baden Says Jeffrey Epstein’s Death Was Homicide

 

 

Yeah, I know what I said: no more Debt Rattles. But then yesterday I found myself looking at the Epstein story, the whistleblower revealed, and some Boeing stuff, Jim Kunstler etc., and I was thinking: I should at least keep those for reference. So I injected them into the Debt Rattle format, and that sort of gelled. And so I decided I can perhaps do this, but I did give myself a deadline: it can not cost more than two hours in the morning. Which means some of these Things will be short, and some days there may not be one.

Oh, and we still need financial support, badly. People have been mighty generous this week, but we would need 52 such weeks in the year.

 

 

OK, now we know. What is the next step?

Trump-Ukraine Whistleblower Revealed (GP)

The anti-Trump whistleblower behind the Ukraine witch hunt was revealed on Wednesday night. According to investigative reporter Paul Sperry, one person’s name keeps coming up in the impeachment hearings that fits the description of the whistleblower — Eric Ciaramella. We have reported on Ciaramella previously at The Gateway Pundit. 33-year-old Ciaramella is a registered Democrat, worked for Obama, worked for Biden, worked for CIA Director John Brennan, he’s a vocal critic of Trump and he helped initiate the ‘Russia collusion’ hoax investigation! Ciaramella’s identity was an open secret in the DC swamp, says Paul Sperry.


Mr. Ciaramella is a CIA officer who specializes in Russia and Ukraine who was detailed to work in the National Security Council under Susan Rice in 2015. He was then moved into the West Wing in 2017 to ‘fill a vacancy’ where he was able to ‘see and read everything.’ The Gateway Pundit and others had already identified Ciaramella as Schiff’s CIA whistleblower. But we were not the first to point out that this dangerous Obama operative was working in the Trump White House and was given access to top secret information. Mike Cernovich warned the Trump administration about Eric Ciaramella back in June 2017.

Read more …

Vindman is yet another ‘witness’ whose import is heavily promoted.

Adam Schiff Coached Vindman Throughout Impeachment Testimony – Nunes (ZH)

Rep. Devin Nunes claims that House Intelligence Committee Chairman Adam Schiff was coaching Lieutenant Colonel Alexander Vindman, the director of European affairs at the National Security Council (NSC), as he told House committees that he “did not think it was proper” for President Trump to ask Ukrainian President Volodomyr Zelensky to investigate former VP Joe Biden during a July 25 phone call. “I have never in my life seen anything like what happened today, during the testimony of Lt. Col. Alexander Vindman,” Nunes told Fox News’ “Hannity.”


“It was unprecedented,” Nunes continued. “I mean, they’ve been bad at most of these depositions, but to interrupt us continually to coach the witness, to decide… what we’re going to be able to ask the witness.” “And, to see someone coach a witness, this isn’t the first time that Schiff — Schiff is very good at coaching witnesses.”

Read more …

I see more and more people suggesting Tulsi is really a Republican. Ostensibly because you cannot be a Democrat and not agree with Hillary and her DNC. Expect ugliness.

Tulsi Gabbard Unleashes On Erdogan: “Radical Islamist Megalomaniac” (ZH)

A day after the US House of Representatives in a historic vote overwhelmingly passed a resolution to recognize the Armenian Genocide, resulting in an immediate fierce rebuke from Ankara, Democratic Congresswoman and presidential candidate Tulsi Gabbard issued a video statement slamming Turkish President Tayyip Erdogan as “a radical Islamist megalomaniac” who for years supported ISIS. Erdogan has been “slaughtering the Syrian Kurds and he’s using terrorists from ISIS and al-Qaeda as his militia,” she explained, and has “been helping ISIS/AQ for years,” according to the social media video message.

She also reiterated her consistent position that the Islamic State was born of the externally funded and weaponized push to overthrow the Assad government. “He has denied this but is now openly using militias of ‘former’ ISIS/AQ terrorists, exposing him for what he really is: a radical Islamist megalomaniac who wants to establish a caliphate with himself as the Caliph — the supreme ruler.” The Democratic presidential candidate said Turkey is now doing this “openly” and “brazenly” but also reminded her audience that she’s been warning about this for years.

[..] Concerning the Saudis, she joined relatives of Sept. 11 victims on Tuesday to demand the US government release its full findings on the role that Saudi state operatives played in the 9/11 attacks. “We are 18 years removed from this terrible crime, and the victims of this crime, the families who are here today, the American people deserve all of the evidence to fully come to light,” the Hawaii congresswoman said.

Read more …

Jim Kunstler is one of very few people who agree with me that Trump is not the biggest factor, his antagonists are, in intelligence, in the Democratic party, and perhaps most of all in the media. The MSM have taken it upon themselves to control what you think. And if you get your news mostly from CNN or the NYT or WaPo, what defenses do you have?

We May Not Have A 2020 Election – Kunstler (USAW)

“What I am waiting for is if and when indictments come down from Mr. Barr and Mr. Durham. I am wondering whether the editors and publishers of the Washington Post and New York Times and the producers at CNN and MSNBC are going to be named as unindicted co-conspirators in this effort to gaslight the country and really stage a coup to remove the President and to nullify the 2016 election. I say this as someone who is not necessarily a Trump supporter. I didn’t vote for the guy. I am not a cheerleader for the guy, but basically, I think the behavior of his antagonists has been much worse and much more dangerous for the nation and the American project as a long term matter.

I really need to see some action to hold people responsible for the acts they have committed. . . . I am not an attorney, and I have never worked for the Department of Justice, but it seems to me that by naming the publishers and editors of these companies as unindicted co-conspirators, that allows you to avoid the appearance of trying to shut down the press because you are not going to put them in jail, but you are going to put them in disrepute. That may prompt their boards of directors to fire a few people and maybe change the way they do business at these places.”

“When all is said and done, I am not convinced there is enough there to convict President Trump of anything. At the same time, there is probably going to be a lot of legal actions brought against the people who started this coup against him, and that’s going to be extremely disturbing to the Left. I think one of the possibilities is we may not have a 2020 election. In some way or another, the country may be so disorderly that we can’t hold an election. There may be so much strife that we cannot handle the legal questions around holding the election, and it may be suspended. I don’t know what that means, but I am very impressed of the disorder that we are already in. It’s more of a kind of mental disorder between the parties, but it could turn into a lot of kinetic disorder on the ground and a lot of institutional failure.”

Read more …

And some more of that.

The Fumes of Fanaticism (Kunstler)

Judging by the volume of intemperate emails and angry social media blasts that come my way, the party of impeachment seems to be inhaling way too much gas from the smoking guns it keeps finding in the various star chambers of its inquisition against you-know-who. You’d think that the failure of Mr. Mueller’s extravaganza might have chastened them just a little — a $32 million-dollar effort starring the most vicious partisan lawyers inside-the-Beltway, 2,800 subpoenas issued over two years, 500 search warrants exercised, and finally nothing whatever to pin on Mr. Trump — except the contra-legal assertion that now he must prove his innocence.

When you state just that, these frothing hysterics reply that many background figures — if not the Golden Golem of Greatness himself — were indicted and convicted of crimes by Mr. Mueller’s crew. Oh yes! The Russian troll farm called the Internet Research Agency was indicted for spending $400,000 on Facebook ads (and never extradited or tried in a court-of-law). Pretty impressive victory there! The hacking of Hillary Clinton’s emails by “Russia”? Still just alleged, never proven, with plenty of shady business around the search for evidence. Paul Manafort, on tax evasion of money earned in Ukraine, 2014? We’ll see about that as the whole filthy business of the 2014 Ukraine regime change op under Mr. Obama gets reviewed in the months ahead.

George Papadopoulos for lying to the FBI? Stand by on that one, too; still a developing story. General Michael Flynn, for ditto? You may have noticed that General Flynn’s case is shaping up to be the biggest instance of prosecutorial misconduct since the Dreyfus affair (France, 1894-1906, which badly-educated Americans most certainly know nothing about). To set the record straight I’m forced to repeat something that these New Age Jacobins seem unable to process: you don’t have to be a Trump cheerleader to be revolted by the behavior of his antagonists, which is a stunning spectacle of bad faith, dishonesty, incompetence, and malice — and is surely way more toxic to the American project than anything the president has done.

Read more …

Haven’t really seen much of day 2, but it looks like more posing by Capitol Hill. If one person, dies, you get a crminal investigation. And when 346 die, you get a hearing in the House?!

Boeing Employee Raised Concern Over Max Sensor Three Years Before Crashes (G.)

In a second day of congressional hearings into Boeing’s handling of its ill-fated 737 Max plane, lawmakers were shown internal records revealing that three years before two fatal crashes one employee had expressed concern that an anti-stall flight system at the center of crash investigations could be triggered by a single sensor. “Are we vulnerable to single [angle-of-attack] failures with [the system’s] implementation or is there some checking that occurs?” a Boeing employee asked in an email from December 2015, nearly three years before the first Max 737 crash in Indonesia almost exactly a year ago. The employee, who has not been identified, was referring to a sensor on the outside of the plane that measured its angle in flight and could trigger a system, known as MCAS, to push it down if it thought the aircraft was at risk of stalling.


Relying on a single sensor, aviation experts say, is fundamentally dangerous. With no back-up any malfunction could trigger the plane into a dive – as investigators believe happened with both the Lion Air and Ethiopian Airline crashes, killing 346. The release of the document, in addition to warnings from Boeing’s chief test pilot that the MCAS system could engage without warning, adds to belief that Boeing overlooked safety in a rush to put the Max 737, its most profitable model, into production. The new email is among others unearthed during withering transportation committee hearings during which lawmakers have repeatedly assailed Boeing’s CEO, Dennis Muilenburg, over a failure to prioritize safety. “You have a systemic problem in your company. You’re driving profit. You’re not driving quality, and you’re sure as heck not driving safety,” the California Democrat John Garamendi told the chief executive.

Read more …

NG=Not Good.

Over 50 Boeing 737NG Grounded Globally With Wing-Related Cracks (RT)

Boeing has confirmed that it has grounded over 50 of its planes around the world, after wing-related cracks were discovered, while the company’s CEO has admitted to making safety mistakes. It’s the US aviation giant’s 737NG (Next Generation) model that is now under scrutiny. The plane is a precursor to the infamous Boeing 737 MAX, which killed 346 people in two crashes in Indonesia and Ethiopia, and has been grounded since March. A Boeing spokesperson told AFP that some 1,000 planes worldwide had “reached the inspection threshold.” The problem these inspections zeroed in on was the so-called ‘pickle fork’ – a part of the plane that connects the fuselage to the wing. The US aviation authority this month ordered checks of Boeing 737NG planes that had made over 30,000 flights.

Read more …

33 planes at over $100 million a piece. When are the airlines going to sue Boeing?

Union Calls On Qantas To Ground Entire 737 Fleet For Investigation (G.)

Australia’s aircraft engineers association has called on Qantas to ground all of its Boeing 737 aircraft after cracks were discovered in one of its planes. Steve Purvinas, the federal secretary of the Australian Licensed Aircraft Engineers Association (ALAEA), said the fleet of 33 should be “grounded until such time that Qantas can establish which aircraft are safe and which aircraft aren’t”. According to Purvinas, the crack was discovered in a part of the plane known as the “pickle fork”, which is part of the landing gear. “It is a primary structure which takes the load off the wing,” he told the ABC on Thursday. “This could cause loss of control of an aircraft, and Qantas shouldn’t be flying them.”

“The first [crack] found on a Qantas aircraft was about an inch long, it’s very small. But these things do propagate very quickly when they’re under load…It’s when that grows, and that grows very quickly, that you have problems.” He told the ABC on Thursday that another crack had been found in a second plane overnight. On Thursday morning, Qantas announced it would bechecking more than 30 of its Boeing 737 aircraft after cracking was discovered in one plane during a maintenance check. But Purvinas said the airline should go further and ground the fleet.

[..] The problem came to light after Boeing said that it had found cracking in a part of the 737NG (the model before the troubled 737 Max) called the “pickle fork” on jets being overhauled in China. Nearly 5% of 810 inspections subsequently conducted have found cracks in the part, which attaches the plane’s fuselage to the wing. Purvinas told the ABC that repairs on this kind of crack take “months to fix” and require a special Boeing team.

Read more …

The IMF. All the way down.

The Age of Anger Exploding in Serial Geysers (Pepe Escobar)

The presidential election in Argentina was no less than a game-changer and a graphic lesson for the whole Global South. It pitted, in a nutshell, the people versus neoliberalism. The people won – with new President Alberto Fernandez and former President Cristina Fernández de Kirchner (CFK) as his VP. Neoliberalism was represented by Mauricio Macri: a marketing product, former millionaire playboy, president of football legends Boca Juniors, fanatic of New Age superstitions, and CEO obsessed with spending cuts, who was unanimously sold by Western mainstream media as the new paradigm of a post-modern, efficient politician.

Well, the paradigm will soon be evacuated, leaving behind a wasteland: $250 billion in foreign debt; less than $50 billion in reserves; inflation at 55 percent; the U.S. dollar at over 60 pesos (a family needs roughly $500 to spend in a month; 35.4 percent of Argentine homes can’t make it); and, incredible as it may seem in a self-sufficient nation, a food emergency. Macri, in fact the president of so-called Anti-Politics, No- Politics in Argentina, was a full IMF baby, enjoying total “support” (and gifted with a humongous $58 billion loan). New lines of credit, for the moment, are suspended. Fernandez is going to have a really hard time trying to preserve sovereignty while negotiating with foreign creditors, or “vultures,” as masses of Argentines define them.

There will be howls on Wall Street and in the City of London about “fiery populism,” “market panicking,” “pariahs among international investors.” Fernandez refuses to resort to a sovereign default, which would add even more unbearable pain for the general public. The good news is that Argentina is now the ultimate progressive lab on how to rebuild a devastated nation away from the familiar, predominant framework: a state mired in debt; rapacious, ignorant comprador elites; and “efforts” to balance the budget always at the expense of people’s interests.

Read more …

Don’t really know what to make of this, let’s see.

Russia-India Counter-Terrorism Group Vows ‘Credible Action’ (RT)

Moscow and New Delhi will boost cooperation in the fight against terrorism and destroy militant “safe havens” around the world, the two countries’ counter-terror working group said in a joint statement. Meeting in India’s capital on Wednesday, the working group condemned “terrorism in all its forms and manifestations,” and called for deeper ties on counter-terror issues, including through “intensifying exchange of information” and “regular meetings at [the] experts level.” The two parties also stressed the need for “credible, irreversible … action against terrorists” and terrorist “safe havens” – particularly in the South Asia region – “without double standards.” Drug trafficking and other avenues of funding for militant groups, as well as countering extremism on the internet, were also touched upon.

Read more …

Strongly denied by the NY medical examiner.

Famed Pathologist Michael Baden Says Jeffrey Epstein’s Death Was Homicide

New York City’s former chief medical examiner insisted Wednesday that Jeffrey Epstein’s death was a homicide. Forensic pathologist Dr. Michael Baden was hired by the pedophile’s brother, Mark Epstein, to observe his autopsy after he was found hanged in his Manhattan lockup in August. “I think that the evidence points toward homicide rather than suicide,” Baden insisted on Fox News Wednesday. “The brother is concerned that if [Epstein] was murdered, then other people who have information might be at risk,” Baden insisted, suggesting powerful players may have been involved in the death.


“If they think he has information, his life could be in jeopardy.” Baden said there were signs of “unusual” activity “from day one” of the autopsy, saying the wounds were “more consistent with ligature homicidal strangulation.” Baden noted three fractured bones in the sex attacker’s thyroid that he insisted he has never before seen from a hanging death in 50 years of examinations. “Hanging does not cause these broken bones and homicide does,” he insisted on Fox. “A huge amount of pressure was applied.”

Read more …

 

Saw this map of remaining elephant populations and noticed most of them are where recently researchers said the origin of mankind is.

 

 

 

 

 

Oct 302019
 
 October 30, 2019  Posted by at 1:52 pm Finance Tagged with: , , , , , , ,  13 Responses »


Rembrandt van Rijn Portrait of Rembrandt with gorget 1629

 

During the Senate hearing into Boeing on October 29, Senator Jon Tester told the company’s CEO Dennis Muilenburg: “I would walk before I would get on a 737 MAX. I would walk.” He added: “There is no way … You shouldn’t be cutting corners and I see corners being cut.”

That’s all fine and well, but the hearing, which continues today, Wednesday, lays bare a giant gap in US law: that of accountability. Muilenburg is the “ultimately responsible” in a chain of command that is responsible for killing 346 people. But he is still the CEO, even if he was demoted from the chairman of the board position. Which was taken over by another -10 year- veteran of the company by the way. Fresh insights galore.

If you are employed by a large company, you can sign off on such decisions, the ones that kill people, and walk away unscathed. It reminds one of Monsanto/Bayer, which just annnounced that the number of Roundup lawsuits against it went from 18,000 in July to 43,000 today. Bayer at the same time announced that its turnover rose by 6% in Q3. 43,000 lawsuits and they’re doing fine, thank you.

In that same vein, Boeing shares rose 2.4% last night after the hearing (“a sign investors were relieved.”) What the “investors” buying those shares may have missed is that India’s budget carrier IndiGo ordered 300 new aircraft from Airbus, at an initial cost of $33 billion -which will be subject to a juicy discount, but still-.

Now, Boeing is America’s biggest exporter. It’s also one of the cornerstones of Pentagon policy, a huge provider for the US military. So one can only expect the Senate to be lenient, to appear to be tough but let things more or less go. Still, the fact remains that Muilenburg et al made cost-cutting and other decisions that killed 346 people. But CNCB still labeled this a “brutal Senate hearing”. Yeah. Define ‘brutal’.

Maybe the thing is that those deaths were not in the US, but in Indonesia and Ethiopia. Think maybe the Senate is influenced by that? What do you think would have happened if two 737 MAX’s had fallen out of the sky in the US, even if only in deplorables’ territory? We can sort of imagine, can’t we?

And no, it’s not an all black and white picture, some people involved made some sense (via Seattle Times):

Boeing 737 MAX Should Be Grounded Until Certification Process Is ‘Reformed’ – Senator

..at least one member of the Senate committee that grilled Muilenburg on Tuesday suggested the troubled aircraft shouldn’t be flying again until a much-maligned Federal Aviation Administration (FAA) oversight program retreats from its practice of delegating authority to Boeing and other aerospace manufacturers.

Sen. Richard Blumenthal — citing revelations in recent news reports of a Boeing engineer’s claims that the MAX’s safety was compromised by cost and schedule considerations, and that the company pushed to undercut regulatory oversight — pushed back against findings that the FAA’s practice of delegating more safety certification authority is only likely to increase.

“The story of Boeing sabotaging rigorous safety scrutiny is chilling to all of us — and more reason to keep the 737 MAX grounded until certification is really and truly independent and the system is reformed,” said Blumenthal, D-Conn.

But, you know, the entire narrative is about ‘the company’, not about the people in the company who make these fatal decisions. They can do whatever they want, secure in the knowledge they will never be held to account. For financial losses perhaps at some point, but not for the loss of life. At best, they’ll get fired and walk away with a huge bonus. And that’s just wrong.

And it’s not like there were no warning signs (via Seattle Times again, from Oct 3):

Boeing Rejected 737 MAX Safety Upgrades Before Fatal Crashes – Whistleblower

Seven weeks after the second fatal crash of a 737 MAX in March, a Boeing engineer submitted a scathing internal ethics complaint alleging that management — determined to keep down costs for airline customers — had blocked significant safety improvements during the jet’s development. The ethics charge, filed by 33-year-old engineer Curtis Ewbank, whose job involved studying past crashes and using that information to make new planes safer, describes how around 2014 his group presented to managers and senior executives a proposal to add various safety upgrades to the MAX.


The complaint, a copy of which was reviewed by The Seattle Times, suggests that one of the proposed systems could have potentially prevented the crashes in Indonesia and Ethiopia that killed 346 people. Three of Ewbank’s former colleagues interviewed for this story concurred. The details revealed in the ethics complaint raise new questions about the culture at Boeing and whether the long-held imperative that safety must be the overarching priority was compromised on the MAX by business considerations and management’s focus on schedule and cost. Managers twice rejected adding the new system on the basis of “cost and potential (pilot) training impact,” the complaint states.

This one is from AP, Oct 18. These are just the most recent revelations, this stuff goes back years. Neither Boeing nor the FAA ever did anything, until the planes started falling from the skies:

Messages From Former Boeing Test Pilot Reveal 737MAX Concerns

A former senior Boeing test pilot told a co-worker that he unknowingly misled safety regulators about problems with a flight-control system that would later be implicated in two deadly crashes of the company’s 737 Max. The pilot, Mark Forkner, told another Boeing employee in 2016 that the flight system, called MCAS, was “egregious” and “running rampant” while he tested it in a flight simulator.

“So I basically lied to the regulators (unknowingly),” wrote Forkner, then Boeing’s chief technical pilot for the 737. The exchange occurred as Boeing was trying to convince the Federal Aviation Administration that MCAS was safe. MCAS was designed at least in part to prevent the Max from stalling in some situations. The FAA certified the plane without fully understanding MCAS, according to a panel of international safety regulators.

Forkner also lobbied FAA to remove mention of MCAS from the operating manual and pilot training for the Max, saying the system would only operate in rare circumstances. FAA allowed Boeing to do so, and most pilots did not know about MCAS until after the first crash, which occurred in October 2018 in Indonesia.

As I covered extensively before the issue at hand is that Boeing, in order to cut costs, among other things, decided to have just one -active- “angle-of-attack” sensor (which measures the angle of the plane vs income air, it’s located at the bottom front of the fuselage) on the plane. All it takes is one bird flying into it to compromise and/or deactivate that sensor. And then neither the software not the pilots know what to do anymore. But yeah, it’s cheaper… One sensor won’t do, nor will two, you need at least three in case one is defective. But yeah, that costs money. Seattle Times once again:

Messages From Former Boeing Test Pilot Reveal 737MAX Concerns

Boeing’s chief engineer for commercial airlines acknowledged that the company erred by not specifically testing the potential for a key sensor to erroneously cause software on the 737 Max to drive down the plane’s nose. In both fatal crashes, faulty data from one of two angle-of-attack sensors, which measure the pitch of the plane against the oncoming stream of air, caused the 737 Max’s Maneuvering Characteristics Augmentation System, or MCAS, to drive down the jet’s nose, which pilots struggled to counteract before ultimately entering a fatal dive.


John Hamilton, vice president and chief engineer of Boeing Commercial Airplanes, told senators that the company “did test the MCAS uncommanded inputs to the stabilizer system, due to whatever causes was driving it, not specifically due to an AOA sensor.’’ Senator Maria Cantwell of Washington, the Senate Commerce Committee’s top Democrat, asked if he now thought that was wrong. “In hindsight, senator, yes,’’ Hamilton replied.

They didn’t test the hardware at all, they tested the software! And all they have to say is that that was wrong. But only in hindsight! And then they tried to fix the mess they created with a new software program, MCAS, but didn’t even tell the pilots it existed. I kid you not! They did this because it might have required pilots to do more training, which raises the price of a plane, and they were already losing out to Airbus.

And lest we forget, this all happened because when Boeing was busy spending its capital on buying back its own shares, Airbus had developed a new plane to accommodate a much more energy-efficient -though larger- engine. When Boeing figured that out, they had neither the time nor the money left (because of the share buybacks) to develop their own new plane.

So what they did was they stuck such an engine (which they did have) onto a 737 model that was not equipped for the much bigger and heavier load. That in turn lead them to work on a software solution to lift the nose of the plane despite that load, which might have worked in theory but was always a bad idea, something in the vein of putting a giraffe’s neck on a hummingbird.

But Muilenburg and his people kept pushing it all, because they knew they had been caught awfully wanting, and they needed that more cost-efficient plane. And this is how all the ensuing mess started. It was all because of money. Of the execs being caught with their pants down, and trying to hide their naked hairy asses.

And then, as I started out this essay, they are still not held accountable. The company will face billions in ‘repair’ damages, some of them may lose their jobs or bonuses, but none will be held responsible for the deaths of those 346 people.

That is just not right. Not in the case of Monsanto, and not in that of Boeing. Not all Boeing planes are disasters, but the 737 definitely is. Donald Trump a few months ago suggested they should just rebrand the plane, give it another name, do some expensive PR work and bob’s your uncle. But let me ask you, would you fly on a 737, even if under another name? Far as I know, all they did was change the software, not the hardware.

Plus, the other day some airline, was that in South Korea?!, grounded a whole bunch of 787’s because of cracks on their wings. Look, I’m not saying Boeing’s in trouble. I’m just saying Boeing’s in deep trouble. But then, you know, they’ll kick out Muilenburg and some other guys, and a few FAA heads will retire, and they’ll declare the rotten apples gone, and we’re off to a whole new start. Yay! But the 346 people will still be dead.

 

 

 

 

Oct 252019
 
 October 25, 2019  Posted by at 9:37 am Finance Tagged with: , , , , , , , , , ,  20 Responses »


Ivan Shishkin The wilds 1881

 

Justice Dept. To Launch Criminal Investigation Into Its Own Russia Probe (Hill)
Trump Cancels All Admins’ NYT, WaPo Subscriptions (ZH)
EU Set To Put Brexit Delay On Hold After Johnson’s Ultimatum (G.)
Russian Gun Activist Maria Butina To Touch Down In Moscow Saturday (RT)
Despite Ultra-Low Mortgage Rates, New House Prices At Multi-Year Low (WS)
Vladimir Putin, Syria’s Pacifier-in-Chief (Escobar)
WikiLeaks Releases New Docs Questioning Syria Chemical Attack Narrative (ZH)
Indonesia’s Report On Lion Air 737 MAX Crash Faults Design, Certification (R.)
South Korea Grounds Nine Boeing 737 NG Planes With Cracks (R.)
Can The US Beat China In A “Trade War”? (Vltchek)
Johannesburg Shuts Down Computers City-Wide After Bitcoin Ransomware Attack (CCN)

 

 

It’s a probe of the Mueller probe. The MSM will do what they can to ridicule it, saying it’s for political reasosns only. But the Mueller probe wasn’t? At least they haven’t dared attack Durham yet, or his reputation.

Justice Dept. To Launch Criminal Investigation Into Its Own Russia Probe (Hill)

The Justice Department has reportedly opened a criminal investigation into its own Russia probe The New York Times reports. The newspaper reports that after former special counsel Robert Mueller closed the official investigation months ago, a new criminal inquiry will proceed to find out how the investigation of Russian interference into the 2016 presidential election and Trump’s alleged collusion with Russia “all began.” Attorney General William Barr has closely reviewed how the department handled the Russia investigation.

But shifting the administrative review to a criminal inquiry would allow the prosecutor presiding over the inquiry, John H. Durham, to subpoena for witness testimony and documents, people familiar with the matter told the Times. It would also enable Durham, a U.S. attorney appointed by Barr to lead the inquiry, to put together a grand jury and to file charges. When defined as an administrative review, Durham could only voluntarily interview witnesses and investigate government documents, according to the Times.

Read more …

Yes, this made me laugh.

Trump Cancels All Admins’ NYT, WaPo Subscriptions (ZH)

In what we are sure will be “hair-on-fire” screamed about as ‘tyrannical-book-burning’, President Trump has reportedly planning to instruct federal agencies to not renew their subscriptions to the New York Times and the Washington Post. As The Wall Street Journal reports, White House press secretary Stephanie Grisham said in an email Thursday: “Not renewing subscriptions across all federal agencies will be a significant cost saving – hundreds of thousands of taxpayer dollars will be saved.” The decision comes days after the president cancelled the White House’s print subscriptions to the Post and the Times after expressing frustration with their coverage.


“We don’t even want it in the White House anymore,” Mr. Trump said of the Times during an interview with Fox News host Sean Hannity that aired Monday night. “We’re going to probably terminate that and the Washington Post. They’re fake.” Additionally, The Journal reports that a White House official confirmed that print editions of the Times and the Post weren’t among the newspapers delivered to the White House on Thursday. And while liberals use “fact checkers” to force advertisers to boycott “right wing” websites/newspapers, President Trump’s response is even cleaner: “your subscription has been terminated.”

Read more …

Corbyn insists Boris must take No-Deal off the table.

EU Set To Put Brexit Delay On Hold After Johnson’s Ultimatum (G.)

The EU’s plan to offer the UK an extension until 31 January on Friday is expected to be put on hold after Boris Johnson threatened to pull the Brexit deal if Jeremy Corbyn rejects a general election. Sources said the dramatic developments in Westminster needed to be fully understood and the choreography in Brussels could change. Donald Tusk, the European council chairman, had been expected to announce on Friday morning, following a meeting with ambassadors, that the EU27 had accepted the delay requested in a letter reluctantly sent by Johnson last Saturday. But senior EU sources said the developments in London had left the situation in flux. An announcement is expected on Monday or Tuesday.

Suggestions that the Labour leader could reject Johnson’s demand for a general election on 12 December provoking the prime minister to pull his deal set alarm bells ringing. Sources said the French government wanted to see the outcome of the vote on a general election before making a decision, but that the other 26 member states were ready to grant the three-month extension. The final offer could differ from the extension requested in the Benn act by specifying that the UK could leave on 15 November if the deal was ratified in the UK and European parliament. Before Johnson’s ultimatum to the Labour leader, the EU looked set to offer a three-month extension, which could be cut short at the point at which the Brexit deal was ratified.

It remains the most likely outcome. “We don’t want to be dragged into British politics and this is what was requested,” said one senior EU diplomat. “They can leave earlier if they ratify the deal. To echo your prime minister, we just want Brexit done.”

Read more …

Bless her. Casualty of Russophobia.

Russian Gun Activist Maria Butina To Touch Down In Moscow Saturday (RT)

Maria Butina is finally coming back home, after spending over a year behind bars in a bizarre case of anti-Russian hysteria that saw the gun rights activist libeled in the media and locked up as “unregistered foreign agent.” She is expected to leave a federal prison in Tallahassee, Florida and would be transferred from to a migrant center in Miami on Friday, Russian ambassador in Washington, Anatoly Antonov confirmed, saying The same day Butina would board the plane to Moscow and is set to touch down in the Russian capital on Saturday morning.


Butina was sentenced by a US federal judge for 18 months in April after pleading guilty to conspiring to act as a foreign agent without registration, Antonov said that he hopes Butina’s belated homecoming would “put an end to the most difficult period in her life,” and wished the 30-year-old reunite with her family and loved ones as soon as possible after her ordeal is over.

Read more …

A broken market. The Fed broke it.

Despite Ultra-Low Mortgage Rates, New House Prices At Multi-Year Low (WS)

The median price of new single-family houses in September fell 8.8% from a year ago to $299,400 – down 12.8% from the peak in November and December 2017 and back where the median price had first been in November 2014, according to the Commerce Department this morning: “Median price” means half of the houses sold for more, and half sold for less. The decline in the median price does not include incentives that are thrown in by homebuilders to close deals, such as free granite counter tops.

This median-price data – produced jointly by the Census Bureau and the Department of Housing and Urban Development – is “volatile” on a month-to-month basis. To show the longer-term trend, I added the 12-month moving average, which eliminates the monthly ups and downs. The September data point, being the average of the past 12 months, lags months behind of today’s market, but it allows for longer-term trends to become clearer. The lag of the 12-month moving average (red line) shows up in how, on the way up, median prices were mostly above the red line, and now on the way down, median prices are mostly below it:

Read more …

Let’s see what develops. Bit early to draw grand conclusions.

Vladimir Putin, Syria’s Pacifier-in-Chief (Escobar)

Russia-Turkey deal establishes ‘safe zone’ along Turkish border and there will be joint Russia-Turkey military patrols The negotiations in Sochi were long – over six hours – tense and tough. Two leaders in a room with their interpreters and several senior Turkish ministers close by if advice was needed. The stakes were immense: a road map to pacify northeast Syria, finally. The press conference afterwards was somewhat awkward – riffing on generalities. But there’s no question that in the end Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan managed the near impossible.

The Russia-Turkey deal establishes a safe zone along the Syrian-Turkish border – something Erdogan had been gunning for since 2014. There will be joint Russia-Turkey military patrols. The Kurdish YPG (People’s Protection Units), part of the rebranded, US-aligned Syrian Democratic Forces, will need to retreat and even disband, especially in the stretch between Tal Abyad and Ras al-Ayn, and they will have to abandon their much-cherished urban areas such as Kobane and Manbij. The Syrian Arab Army will be back in the whole northeast. And Syrian territorial integrity – a Putin imperative – will be preserved.

This is a Syria-Russia-Turkey win-win-win – and, inevitably, the end of a separatist-controlled Syrian Kurdistan. Significantly, Erdogan’s spokesman Fahrettin Altun stressed Syria’s “territorial integrity” and “political unity.” That kind of rhetoric from Ankara was unheard of until quite recently. Putin immediately called Syrian President Bashar al Assad to detail the key points of the memorandum of understanding. Kremlin spokesman Dmitry Peskov once again stressed Putin’s main goal – Syrian territorial integrity – and the very hard work ahead to form a Syrian Constitutional Committee for the legal path towards a still-elusive political settlement.

[..] For all the cliffhangers in Sochi, there was not a peep about an absolutely key element: who’s in control of Syria’s oilfields, especially after President Trump’s now-notorious tweet stating, “the US has secured the oil.” No one knows which oil. If he meant Syrian oil, that would be against international law. Not to mention Washington has no mandate – from the UN or anyone else – to occupy Syrian territory.

Read more …

Just as the US donates millions more to the White Helmets. OPCW should be dismantled.

WikiLeaks Releases New Docs Questioning Syria Chemical Attack Narrative (ZH)

A whistleblower with the Organization for the Prohibition of Chemical Weapons (OPCW), responsible for conducting an independent investigation into the alleged chemical attack in the Syrian town of Douma on April 7, 2018, has presented WikiLeaks with a body of evidence suggesting the chemical weapons watchdog agency manipulated and suppressed evidence. A prior official OPCW report of the investigation issued last March found “reasonable grounds” for believing a toxic chemical was used against civilians, likely chlorine. Long prior to any independent investigators reaching the site, however, Washington had launched major tomahawk airstrikes against Damascus in retribution for “Assad gassing his own people”.

]WikiLeaks published documents based on evidence presented by the internal OPCW whistleblower to an expert review panel on Wednesday. “The panel was presented with evidence that casts doubt on the integrity of the OPCW,” WikiLeaks editor Kristinn Hrafnsson wrote. An official WikiLeaks press release said as follows: “Kristinn Hrafnsson took part in the panel to review the testimony and documents from the OPCW whistleblower. He says: “The panel was presented with evidence that casts doubt on the integrity of the OPCW. Although the whistleblower was not ready to step forward and/or present documents to the public, WikiLeaks believes it is now of utmost interest for the public to see everything that was collected by the Fact Finding Mission on Douma and all scientific reports written in relation to the investigation.”

“Based on the whistleblower’s extensive presentation, including internal emails, text exchanges and suppressed draft reports, we are unanimous in expressing our alarm over unacceptable practices in the investigation of the alleged chemical attack in Douma,” the experts pointed out.

Read more …

An aditional report comes out today from a US transportation board. Boeing’s reply: we’re updating the software…

Indonesia’s Report On Lion Air 737 MAX Crash Faults Design, Certification (R.)

Indonesia has called for better Boeing cockpit systems and oversight by US regulators after design flaws helped bring down a Lion Air 737 MAX jet – a crash that was compounded by errors from ground staff and crew. In its final report into the crash of the jet on Oct 29, 2018 that killed all 189 people on board, Indonesia made recommendations to Boeing, Lion Air, the US Federal Aviation Administration (FAA) and other agencies. A copy was seen by Reuters and it is due to be released publicly later on Friday.


Less than five months after the Lion Air accident, an Ethiopian Airlines 737 MAX crashed, leading to a global grounding of the model and a growing crisis for the world’s biggest planemaker, which has just ousted the top executive of its commercial airplanes division. In the report, Indonesian regulators criticised the design of the anti-stall system known as MCAS, which automatically pushed the plane’s nose down, leaving pilots fighting for control. During the flight, the control column was in such disarray that it required 103 pounds of strength to counter the automated system. “The design and certification of the MCAS did not adequately consider the likelihood of loss of control of the aircraft,” the report said.

Read more …

It’s company wide.

South Korea Grounds Nine Boeing 737 NG Planes With Cracks (R.)

South Korea’s transport ministry on Friday said nine Boeing 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs. The suspension follows an order from the U.S. Federal Aviation Administration earlier this month for aircraft operators to inspect older Boeing 737 NGs for structural cracks. Boeing on Oct. 11 said inspections of 810 of the planes globally had led to 38 requiring repair. South Korea said it found nine planes with cracks among 42 planes examined. Among the nine grounded planes are five operated by Korean Air Lines, according to the transport ministry.

Read more …

It is possible to sing the praises of China too much.

Can The US Beat China In A “Trade War”? (Vltchek)

There are now many new systems, in numerous corners of the world. These systems, some Communist, others socialist or even populist, are ready to defend their citizens, and to use the natural resources to feed the people, and to educate, house and cure them. No matter how popular these systems are at home, the West finds ways to demonize them, using its well-established propaganda machinery. First, to smear them and then, if they resist, to directly liquidate them. As before, during the colonial era, no competition has been permitted. Disobedience is punishable by death.

Naturally, the Western system has not been built on excellence, hard work and creativity, only. It was constructed on fear, oppression and brutal force. For centuries, it has clearly been a monopoly. Only the toughest countries, like Russia, China, Iran, North Korea or Cuba, have managed to survive, defending they own cultures, and advancing their philosophies. To the West, China has proved to be an extremely tough adversary. With its political, economic, and social system, it has managed to construct a forward-looking, optimistic and extraordinarily productive society. Its scientific research is now second to none. Its culture is thriving. Together with its closest ally, Russia, China excels in many essential fields.

That is precisely what irks, even horrifies the West. For decades and centuries, Europe and the United States have not been ready to tolerate any major country, which would set up its own set of rules and goals. China refuses to accept the diktat from abroad. It now appears to be self-sufficient, ideologically, politically, economically and intellectually. Where it is not fully self-sufficient, it can rely on its friends and allies. Those allies are, increasingly, located outside the Western sphere.

Read more …

“The group is demanding 4 Bitcoin..”

Johannesburg Shuts Down Computers City-Wide After Bitcoin Ransomware Attack (CCN)

Hackers have breached the computer network of South Africa’s commercial capital Johannesburg in an attempt to ransom the city for Bitcoin. Consequently, the city has shut down its website and suspended all e-services as a ‘precautionary measure’. At the time of writing the city’s website was still inaccessible. Per The Times, the group behind the cyber-attack is an outfit known as Shadow Kill Hackers. The group is demanding 4 Bitcoin – nearly $30,000 at the current Bitcoin price – by the close of business on October 28. In their ransom note received by several employees of the city, Shadow Kill Hackers claimed to have obtained valuable and confidential data from the city:


“All your servers and data have been hacked. We have dozens of back doors inside your city. We have control of everything in your city. We also compromised all passwords and sensitive data such as finance and personal population information.” Failure to pay the Bitcoin ransom, the hackers have warned, will see the sensitive data released publicly. Some of the e-services that will be affected by the shutdown include online billing services. Internet-based customer care services have also been suspended. An investigation into the Bitcoin ransomware attack has already been launched and is expected to take 24 hours.

Read more …

 

 

 

 

 

Oct 232019
 


Salvador Dali Portrait of my father 1920

Bernie Pledges To End Prosecuting Whistleblowers Under Espionage Act (IC)
Everyone Is a Russian Asset (Matt Taibbi)
Hillary, Acknowledge the Damage You’ve Caused (Tulsi Gabbard)
Graham To Introduce Resolution Condemning House Impeachment Inquiry (Hill)
The 2020 Election Is Shaping Up To Be An Expensive Run (ZH)
EU Moves Towards Brexit Delay As Johnson Seeks Election To Break Impasse (R.)
Facebook Probe By US States Expands To 47 Attorneys General (R.)
US States Plan Google Antitrust Meeting Next Month In Colorado (R.)
Boeing Ousts First Senior Executive As 737 MAX Crisis Grows (R.)
Trump Approves $4.5 Million In Aid To ‘White Helmets’ In Syria (RT)
The Medicare for All Cost Debate Is Extremely Dishonest (Dayen)

I kid you not, Bernie doesn’t know who Reality Winner is. While AOC has only heard her name, it seems.

These are the people who should protect Julian Assange. They’re just posturing.

Bernie Pledges To End Prosecuting Whistleblowers Under Espionage Act (IC)

As President, Bernie Sanders would end the practice of using the controversial Espionage Act to prosecute government whistleblowers, the Vermont senator told The Intercept in an interview on Saturday ahead of a major rally in New York. The century-old law had largely gone out of fashion until it was deployed heavily by the Obama administration, which prosecuted eight people accused of leaking to the media under the Espionage Act, more than all previous presidents combined. President Donald Trump is on pace to break Barack Obama’s record if he gets a second term: He has prosecuted eight such whistleblowers, five of them using the Espionage Act, according to the Press Freedom Tracker. Asked if it is appropriate to prosecute whistleblowers using the Espionage Act, Sanders said, “Of course not.”

The Espionage Act, which was passed in 1917 to suppress opposition to World War I and now considers leakers to effectively be spies, makes a fair trial impossible, as relevant evidence is classified and kept from the defense, and the bar for conviction is low. The law also comes with stiffer criminal penalties and longer sentences than more obvious charges that might be leveled, such as mishandling classified intelligence. During the interview, The Intercept noted that Trump has referred to White House officials, who provided information to the whistleblower who went through legally sanctioned channels and alerted Congress of Trump’s Ukraine activities, as “spies.”

Democrats widely condemned Trump for the comparison, though those same Democrats have not generally objected to the Justice Department’s use of the Espionage Act to prosecute whistleblowers who leak to journalists, suggesting that the media is being treated tantamount to a foreign adversary. “Whistleblowers have a very important role to play in the political process,” Sanders said in response. “And I am very supportive of the courage of that whistleblower, whoever he or she may be.” Asked if he would give a second look at the record-setting length of the sentence doled out to National Security Agency contractor Reality Winner, Sanders demurred, saying that he was supportive of whistleblowers but unfamiliar with her case.*

Rep. Alexandria Ocasio-Cortez, D-N.Y., who joined Sanders during the interview, agreed. “I don’t want to speak out of turn when it comes to Reality Winner, but I just think that the prosecution of whistleblowers is frankly against our democracy. We rely on whistleblowers, we rely on journalists, in order for us to hold our systems accountable.”

Read more …

“Trump’s campaign was a clown show. He had almost no institutional backing. His “ground game” was nonexistent: his “campaign” was a TV program based almost wholly around unscripted media appearances. [..] He didn’t prepare a victory speech, for the perfectly logical reason that he never expected to win.”

Everyone Is a Russian Asset (Matt Taibbi)

Democrats now are assuming the role once played by Republicans of the Tom Delay era, who denounced everyone opposed to the War on Terror as “Saddam-lovers.” In the midst of this in 2003, the Washington Post protested the way American journalism was “infected with jingoism and intolerance.” That was after Rupert Murdoch’s New York Post ran a headline, “Don’t aid these Saddam-lovers” about “appeasement-loving celebs” like Laurence Fishburne, Tim Robbins, Samuel L. Jackson, Sean Penn, Danny Glover, and Susan Sarandon. Today, the New York Post is the paper crying out against the “sad, sick conspiracy theories” about Gabbard (an “Assad-lover” instead of a “Saddam-lover”), but some of the other players are the same.

Sarandon is regularly denounced now by Democrats instead of Republicans, this time for having supported Stein in 2016, an act seen as equivalent to having tongue-kissed Putin on live TV. She was also one of a handful of celebrities noted for a “controversial” political donation in the Daily Beast’s red-baiting May article about the suspicious contributors to Gabbard’s campaign. The #Resistance has come up with all sorts of words for such fifth-columnists and deviationists: they are “false-balancers” or “false equivalencers,” “neo-Naderites,” “purity-testers,” “both-sidesists,” “whataboutists,” “horseshoe theorists,” “Russia skeptics” or “Russia denialists,” and “anti-anti-Trumpers.” Such heretics are all ultimately seen as being on “team Putin.”

This witch-hunting insanity isn’t just dangerous, it’s a massive breach from reality. Trump’s campaign was a clown show. He had almost no institutional backing. His “ground game” was nonexistent: his “campaign” was a TV program based almost wholly around unscripted media appearances. Trump raised just over half the $1.2 billion Hillary pulled in (making him the first presidential candidate dating back to 1976 to win with a funds deficit). He didn’t prepare a victory speech, for the perfectly logical reason that he never expected to win. Even if you posit the most elaborate theories of Russian interference (which I don’t, but of course I’m denialist scum), what happened in 2016 was still almost entirely a domestic story, with Trump benefiting from long-developing public rejection of the political establishment.

Rather than confront the devastating absurdity of defeat before an ad-libbing game show host who was seemingly trying to lose – a black comedy that is 100% in America’s rich stupidity tradition – Democrats have gone all-in on this theory of foreign infiltration. House speaker Nancy Pelosi even said as much in a White House meeting, pointing at Trump and proclaiming: “All roads lead to Putin.” All? Seriously? Is this ever going to end?

Read more …

Tulsi pushes on as rumors of Hillary entering the race get louder.

Hillary, Acknowledge the Damage You’ve Caused (Tulsi Gabbard)


Hillary, your foreign policy was a disaster for our country and the world—resulting in the deaths and injuries of so many of my brothers and sisters in uniform, devastating entire countries, millions of lives lost, refugee crises, our enemy al-Qaeda/ISIS strengthened, increased Iranian and Russian influence in the region, Turkey emboldened, and exacerbated the problem of nuclear proliferation by overthrowing Gadhafi in Libya. Yet despite the damage you have done to our country and the world, you want to continue your failed policies directly or indirectly through the Democratic nominee.


It’s time for you to acknowledge the damage you have caused and apologize for it. It is long past time for you to step down from your throne so the Democratic Party can lead with a new foreign policy which will actually be in the interests of and benefit the American people and the world.

Read more …

Senate 180º opposite the House. Lovely.

Graham To Introduce Resolution Condemning House Impeachment Inquiry (Hill)

Sen. Lindsey Graham (R-S.C.) is planning to introduce a resolution condemning the House Democrats’ impeachment inquiry process, and argued that any articles should be dismissed in the Senate without a trial. “This resolution puts the Senate on record condemning the House. …Here’s the point of the resolution: Any impeachment vote based on this process, to me, is illegitimate, is unconstitutional, and should be dismissed in the Senate without a trial,” Graham told Fox News’s Sean Hannity. President Trump and his GOP allies on Capitol Hill have lashed out at how House Democrats are handling the impeachment inquiry, arguing they should hold a vote to formally launch the investigation.


House Speaker Nancy Pelosi (D-Calif.) has argued the rules don’t require a vote. But Republicans say it would give them more leeway to call their own witnesses, and put swing-state Democrats on the record on launching the impeachment inquiry. Graham added on Tuesday night that Trump should get “the same rights that any American has if you’re giving a parking ticket to confront the witnesses against you: can’t be based on hearsay.” “We cannot allow future presidents and this president to be impeached based on an inquiry in the House that’s never been voted upon that does not allow the president to confront the witnesses against him, to call witnesses on his behalf, and cross-examine people who are accusing him of misdeeds,” he added.

Read more …

That’s a given in every next election.

The 2020 Election Is Shaping Up To Be An Expensive Run (ZH)

President Trump has more cash on hand than any single Democratic primary candidate, a product of his unorthodox campaign that started amassing money his first day in the White House, a move no other president in U.S. history has done. While President Trump is gearing up for the general election, there are still 18 Democratic candidates who are fighting to become the party’s nominee in the primary. As Statista’s Sarah Feldman notes, Senator Bernie Sanders has the most cash on hand, followed closely by Senator Elizabeth Warren. Mayor Pete Buttigieg rounds out the three leading Democrats by cash on hand. All top three Democratic hopefuls have over double the cash that former Vice President Joe Biden has on hand. Former Vice President Joe Biden has a moderate $9 million in cash, a number that hasn’t changed much since last quarter.

The amount of cash on hand includes money from fundraising, and any funds from any previous presidential, senate, or congressional campaigns. The cash on hand metric provides insights into how much wiggle room campaigns have to grow their staff, expand their operations, and develop their advertising strategy. Candidates need to do all three to gain traction in early primary and caucus states. Many of the middling and cash-strapped candidates will be in danger of running out of funds, or not meeting the DNC’s stringent fundraising threshold to make the next debate stage. The fundraising requirement involves getting 130,000 donors, 400 of whom need to be from at least 20 states.

Read more …

From what I understand the Withdrawal Agreement Bill did not pass parliament, as many claim. It merely passed the second reading, the step before being debated in both houses. Then Boris delayed it.

EU Moves Towards Brexit Delay As Johnson Seeks Election To Break Impasse (R.)

EU leaders should delay Brexit after Prime Minister Boris Johnson paused legislation on his deal following a parliamentary defeat, EU Council President Donald Tusk said on Tuesday, as Britain spins towards a possible election to break the impasse. As the clock ticks down to the deadline for Britain’s departure on Oct. 31, Brexit is hanging in the balance as divided lawmakers debate when, how and even whether it should happen more than three years since the 2016 referendum. In another day of Brexit drama in the 800-year-old Westminster seat of power, lawmakers handed Johnson the first major parliamentary victory of his premiership by signalling their support for his deal in an early legislative hurdle.


But that was overshadowed just minutes later when lawmakers defeated him on his timetable to rush the legislation through the House of Commons in just three days, prompting the government to say it would pause the legislative process. Tusk recommended late on Tuesday evening that the leaders of the remaining 27 member states back a delay. “In order to avoid a no-deal Brexit, I will recommend the EU27 accept the UK request for an extension,” he said on Twitter. [..] On Tuesday, lawmakers did vote by 329 to 299 in favour of the second reading of the legislation for the Brexit deal – still no guarantee of success since the bill could be amended by lawmakers who want changes. They then opposed by 322 to 308 votes Johnson’s extremely tight timetable.

Read more …

Will it lead anywhere?

Facebook Probe By US States Expands To 47 Attorneys General (R.)

A New York-led probe into allegations that Facebook Inc put consumer data at risk and pushed up advertising rates has expanded to include attorneys general from 47 U.S. states and territories, New York Attorney General Letitia James said in a statement on Tuesday. The investigation of Facebook announced in September had included Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia. It now includes most U.S. states as well as the U.S. territory of Guam. Facebook shares closed down 3.9% at $182.34 on Tuesday. The statement provided a list of states involved in the probe and added that other states “cannot confirm their participation in pending investigations.” California, the largest state by population, was not on the list.


Some states, particularly New York and Nebraska, have raised concerns that Facebook and other big tech companies engage in anti-competitive practices, expose consumer data to potential data theft and push up advertising prices. Facebook said that its users had multiple choices for the services that the company provides. “We understand that if we stop innovating, people can easily leave our platform. This underscores the competition we face,” said Will Castleberry, vice president, state and local policy, at Facebook. “We will work constructively with state attorneys general and we welcome a conversation with policymakers about the competitive environment in which we operate.” Facebook also faces probes by the U.S. Justice Department and the Federal Trade Commission, as well as the House of Representatives Judiciary Committee.

Read more …

They should investigate the links between CIA and Facebook/Google.

US States Plan Google Antitrust Meeting Next Month In Colorado (R.)

U.S. state attorneys general probing Alphabet’s Google plan to meet next month in Colorado to discuss a probe into whether the search giant’s business practices break antitrust law, according to three sources knowledgeable about the meeting. The meeting, which is being planned for Nov. 11, would be similar to a gathering this week in New York where state and federal enforcers from the Justice Department and Federal Trade Commission discussed their probe of Facebook, according to one of the sources. A second source said that this meeting would touch on organizational issues and was likely to be one in a long series of gatherings to discuss the probe.


The investigation of Google appears to be well underway since Texas sent the search and advertising giant a subpoena asking for information about its ad business. As of earlier this month, Google began sending data to the attorneys general. The investigation, which involves all state attorneys general except Alabama and California, seeks to dig into the opaque business of online digital advertising, where Google is a dominant player. Attorneys general for the District of Columbia, Guam and Puerto Rico are also part of the investigation.

Read more …

The first of many, we may hope.

Boeing Ousts First Senior Executive As 737 MAX Crisis Grows (R.)

Boeing Co on Tuesday ousted the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since two fatal crashes of its 737 MAX jets. The company said it named veteran Boeing executive Stan Deal to succeed McAllister effective immediately as president and chief executive of Boeing Commercial Airplanes (BCA). Deal had led Boeing’s Global Services division. The world’s largest planemaker faces a growing crisis over the eight-month safety ban of its previously best-selling flagship single-aisle jet prompted by crashes in Indonesia and Ethiopia that killed 346 people.


Tuesday’s announcement, a day before the company was due to report quarterly financial results, shocked some Boeing employees, with one insider calling McAllister a “scapegoat” and pointing out that he came to the helm of BCA later in the 737 MAX development. It ends a relatively unusual experiment at Boeing of handing an outsider a prominent position, and places the crucial commercial airplanes division in the hands of a long-serving Boeing insider who has formed relationships with some important customers, such as Singapore Airlines. McAllister, a regular figure at industry conclaves, had formed deep relationships with key airline customers forged during his previous position selling services for General Electric Co.

Read more …

The Deep State rules supreme: “Last May, the Trump administration had announced it would stop funding the White Helmets, only to backtrack a month later and send the group $6.8 million.”

Trump Approves $4.5 Million In Aid To ‘White Helmets’ In Syria (RT)

US president Donald Trump has authorized $4.5 million in aid to the so-called Syrian Civil Defense (SCD), aka “White Helmets,” calling their work “important and highly valued.” The group’s critics point to its terrorist ties. “Over the course of the 8-year conflict in Syria, the SCD has rescued more than 115,000 people, including many ethnic and religious minorities,” the White House said, announcing the aid on Tuesday. However, the source of this figure is the group itself, and it has not been independently verified. Likewise, the organization has only been around since 2014. Washington pledged $5 million in aid to the group at a conference back in March. Last May, the Trump administration had announced it would stop funding the White Helmets, only to backtrack a month later and send the group $6.8 million.

The group’s name is highly misleading, as the White Helmets have operated solely in areas controlled by anti-government militants, such as the Al-Qaeda affiliate Al-Nusra Front, now called HTS. The actual Syrian civil defense is part of the government, and has been subjected to US sanctions as such. Currently the White Helmets operate solely in the parts of Idlib province controlled by the militants. Photographs of armed militants with “White Helmets” insignia, participating in the Turkish-backed ‘Operation Peace Spring’ against the Kurds in northern Syria, have appeared on social networks over the past two weeks. Still, the US continues to encourage “allies and partners” to join in its support of the White Helmets, and “efforts to protect civilians, religious and ethnic minorities, and other innocent victims of the Syrian conflict,” according to the White House.

In December 2018, the Russia-based Foundation for the Study of Democracy presented evidence of their investigations in Syria, showing the group to be engaged in staging false chemical and other attacks, harvesting organs of the people they pretended to rescue, and looting the bodies of the fallen, among other things.

Read more …

Time to clean up the debate.

The Medicare for All Cost Debate Is Extremely Dishonest (Dayen)

Over the weekend in Indianola, Iowa, Elizabeth Warren announced that she would soon roll out specific details for financing Medicare for All, the culmination of a week of “but how will you pay for that” demands from the media and rival presidential candidates. That a nation with millions of uninsured people and tens of thousands of unnecessary deaths from lack of access to health care is consumed with talking about taxes, rather than the revolution in human rights that would come from universal coverage, tells you a lot about life in the United States, and why we still suffer from a broken system.

But this triumph of budgetary scolding is being applied unevenly. If we want to talk about “paying” for universal coverage, we should expand the discussion to all the candidates who claim to support it. While Joe Biden and Pete Buttigieg and others have howled about cost, there’s a deception at the heart of their own plans: either they put just as much health care costs on the federal government as the Warren-Sanders single-payer model, or they’re effectively useless. Biden and Buttigieg have separately proposed public options that would compete with private insurance. In Biden’s plan, even those with employer-sponsored insurance could opt out and choose the public plan.

Buttigieg would offer subsidies to help people pay for the public option, capping the cost of insurance at 8.5 percent of income. Both explicitly pitch this as a cheaper way to establish universal coverage. But that claim relies on a hide-the-ball scenario. Biden or Buttigieg’s public option, over time, will either serve as a weak alternative to private coverage, with high premiums and substandard coverage. Or, backed by government bargaining power, it will outshine private insurance and gradually supplant it. Buttigieg himself talks about his plan as a “glide path” to Medicare for All.

Read more …

Places with mass protests : Chile, Ecuador, Lebanon, Barcelona, France, London, Puerto Rico, Hong Kong, Iraq, Guinea, Bolivia, Algeria, Haiti, Egypt, Pakistan, Brazil, Sudan

New addition today: Azerbaijan.

Despite the name, snow leopards and clouded leopards are not closely related to leopards.

Oct 212019
 
 October 21, 2019  Posted by at 10:11 am Finance Tagged with: , , , , , , , , ,  13 Responses »


Vincent van Gogh Self-portrait with dark felt hat at the easel 1886

 

Recession Likely Years Away Due To Bullish Trump Effect – Shiller (CNBC)
Global Economy Faces $19 Trillion Corporate Debt Timebomb – IMF (G.)
“Toe The Line Or Be Destroyed”: Tulsi Gabbard (ZH)
Will the Democratic Party Exist after 2020 Election? (OffG)
Why 97% Of Congress Get Re-Elected Each Year (F.)
Scottish Court Asked To Delay Ruling On Johnson’s Brexit Extension Request (R.)
Many Firms In China’s Third-Biggest Province Struggle To Pay Debt – S&P (R.)
Chile’s Deadly Weekend Of Fire As Youth Anger Ignites (R.)
Boeing Expresses Regret As Text Messages Plunge Company Into New Crisis (R.)

 

 

If a crisis next year is seen as the only way to derail Trump, don’t be surprised if one is fabricated.

Recession Likely Years Away Due To Bullish Trump Effect – Shiller (CNBC)

Nobel-prize winning economist Robert Shiller believes a recession may be years away due to a bullish Trump effect in the market. According to the Yale University professor, President Donald Trump is creating an environment that’s conducive to strong consumer spending, and it’s a major force that should hold off a recession. “Consumers are hanging in there. You might wonder why that would be at this time so late into the cycle. This is the longest expansion ever. Now, you can say the expansion was partly [President Barack] Obama,” he told CNBC’s “Trading Nation” on Friday. “But lingering on this long needs an explanation.”


Shiller, a behavioral finance expert who’s out with the new book “Narrative Economics,” believes Americans are still opening their wallets wide based on what President Trump exemplifies: Consumption. “I think that [strong spending] has to do with the inspiration for many people provided by our motivational speaker president who models luxurious living,” said Shiller. Shiller emphasizes there’s still uncertainty and risk surrounding Wall Street. Before the markets can take-off, Shiller stresses President Trump needs to get past the impeachment inquiry. He sees this as the biggest threat to his optimistic forecast.

Read more …

From last week, but pretty timeless.

Global Economy Faces $19 Trillion Corporate Debt Timebomb – IMF (G.)

Low interest rates are encouraging companies to take on a level of debt that risks becoming a $19tn (£15tn) timebomb in the event of another global recession, the International Monetary Fund has said. In its half-yearly update on the state of the world’s financial markets, the IMF said that almost 40% of the corporate debt in eight leading countries – the US, China, Japan, Germany, Britain, France, Italy and Spain – would be impossible to service if there was a downturn half as serious as that of a decade ago.

The IMF noted that the stimulus provided by central banks in both developed and developing countries had the side-effect of encouraging firms to borrow more, even though many would have trouble paying it back. Officials at the Washington-based organisation fear that the buildup of debt makes the global financial system highly vulnerable and are telling member states not to repeat the mistake of the early 2000s, when warning signs of a possible market meltdown were ignored.


The IMF said share prices in the US and Japan appeared to be overvalued, while the credit spreads in bond markets – the compensation demanded by investors against risk – seemed to be too low, given the state of the global economy. Tobias Adrian and Fabio Natalucci, two senior IMF officials responsible for the Global Financial Stability Report, said: “A sharp, sudden tightening in financial conditions could unmask these vulnerabilities and put pressures on asset price valuations.” In a blogpost published alongside the GFSR, Adrian and Natalucci noted: “Corporations in eight major economies are taking on more debt and their ability to service it is weakening.

Read more …

Let’s see how nasty Hillary will get.

“Toe The Line Or Be Destroyed”: Tulsi Gabbard (ZH)

Tulsi Gabbard unleashed her latest counterattack to the establishment hit-job against her, after Hillary Clinton suggested she’s an Russian asset. “If you stand up to the rich and powerful elite and the war machine, they will destroy you and discredit your message…,” says Gabbard, who said she’s suffered smears “from day one of this campaign.” In a Sunday tweet accompanied by a video which has nearly 450,000 views on Twitter (and 18,000 on YouTube) as of this writing, Gabbard writes “Hillary & her gang of rich, powerful elite are going after me to send a msg to YOU: “Shut up, toe the line, or be destroyed.” But we, the people, will NOT be silenced.”

Read more …

Durham’s probe has just been widened again.

Will the Democratic Party Exist after 2020 Election? (OffG)

As a result of the corrupt foundation of the Russiagate allegations, Attorney General Bob Barr and Special Investigator John Durham appear hot on the trail with law enforcement in Italy as they have apparently scared the bejesus out of what little common sense remains among the Democratic hierarchy as if Barr/Durham might be headed for Obama’s Oval Office. Barr’s earlier comment before the Senate that “spying did occur’ and that ‘it’s a big deal’ when an incumbent administration (ie the Obama Administration) authorizes a counter-Intelligence operation on an opposing candidate (ie Donald Trump) has the Dems in panic-stricken overdrive – and that is what is driving the current Impeachment Inquiry.

With the stark realization that none of the DNC’s favored top tier candidates has the mojo to go the distance, the Democrats have now focused on a July 25th phone call between Trump and Ukraine President Volodymyr Zelenskyy in which Trump allegedly ‘pressured’ Zelenskyy to investigate Joe Biden’s relationship with Burisma, the country’s largest natural gas provider. At issue is any hanky panky involving Burisma payments to Rosemont Seneca Partners, an equity firm owned by Joe’s errant son, Hunter, who served on Burisma’s Board for a modest $50,000 a month. Zelenskyy, who defeated the US-endorsed incumbent President Petro Poroshenko in a landslide victory, speaks Russian, was elected to clean up corruption and end the conflict in eastern Ukraine.


The war in the Donbass began as a result of the US State Department’s role in the overthrow of democratically elected Ukrainian President Viktor Yanukovych in 2014. Trump’s first priority on July 25th was Crowd Strike, a cybersecurity firm with links to the HRC campaign which was hired by the DNC to investigate Russian hacking of its server. The Dems have reason to be concerned since it is worth contemplating why the FBI did not legally mandate that the DNC turn its server over to them for an official Federal forensic inspection. One can only speculate…those chickens may be coming home to roost.

Read more …

And why the Democratic party will survive: the funneling of government money to donors.

Why 97% Of Congress Get Re-Elected Each Year (F.)

How is 97 percent of Congress able to get re-elected each year even though only 17 percent of the American people believe our representatives are doing a good job? It’s called an incumbent protection system. Taxpayers have a right to know how it works. Recently, our auditors at OpenTheBooks.com, mashed up the federal checkbook with the congressional campaign donor database. We found powerful members of Congress soliciting campaign donations from federal contractors based in their districts. We followed the money and found a culture of conflict-of-interest.

The confluence of federal money, campaign cash, private employment, investments, prestigious committee appointments, political power, nepotism, and other conflicts are a fact pattern. Furthermore, members of Congress own investment stock in, are employed by, and receive retirement pensions from federal contractors to whom they direct billions of taxpayer dollars. Moreover, members sponsor legislation that affects these contractors. The contractor’s lobbyists then advocate for the legislation that helps the member and the contractor. Oftentimes, the contractor’s lobbyist also donates campaign cash to the member.


[..] Nothing we discovered is illegal. At arms-length, all of the transactions are legal. And that’s the problem. We polled our subscribers and 1,900 people responded: 96 percent thought it was unethical for a member of Congress to solicit campaign donations from federal contractors based in their districts. Furthermore, 92 percent said it was an important or very important issue. The American people get it. Members should refuse to accept campaign donations from federal contractors and their affiliates.

Read more …

Ongoing.

Scottish Court Asked To Delay Ruling On Johnson’s Brexit Extension Request (R.)

Anti-Brexit campaigners said they would ask a Scottish court on Monday to delay its ruling on a legal challenge that sought to force Prime Minister Boris Johnson to comply with a law requiring him to request a delay to Brexit. The so-called Benn Act compelled Johnson to write a letter to the EU asking for a Brexit extension if parliament had not approved either a deal or a no-deal exit by Saturday. Johnson had repeatedly said he would not ask for a delay. The group asked the court earlier this month either to issue an order forcing Johnson to ask for a delay or instruct that a letter be sent to the EU on his behalf if he refused to.

Johnson sent an unsigned letter to the EU on Saturday requesting a delay but added another note in which he said he did not want a “deeply corrosive” Brexit extension, prompting some lawmakers to say he was seeking to frustrate the law. Johnson’s plan to put his Brexit withdrawal deal to the UK parliament on Saturday was derailed after lawmakers voted to withhold a decision on the deal, a move that forced him to seek a third postponement of Britain’s departure from the bloc. The exit is currently due to take place on Oct. 31. Scotland’s highest court, the Court of Session, has been waiting to rule on the matter pending developments up to Oct. 19. It is due to consider the challenge again on Monday.


“What I and … the other petitioners have instructed our lawyers to do is to seek a continuation of the case until the end of the week to keep a watching brief over matters,” Scottish National Party lawmaker Joanna Cherry told ITV on Sunday. “We don’t want the focus to be all on the court case. We want the focus to be on what is happening in Brussels, the negotiation for an extension.” Cherry said the way Johnson had gone about sending the letter, without signing it, was “immensely childish” and was “arguably frustrating the purpose of the act”. “The EU … have overlooked the childish tricks and are taking the extension at face value, taking it seriously,” Cherry said. “It will be for the court to comment or otherwise on whether they think what has occurred is a frustration of the act or a contempt of court.”

Read more …

There’s the shadow banks again.

Many Firms In China’s Third-Biggest Province Struggle To Pay Debt – S&P (R.)

Many privately held firms in Shandong, China’s third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees and ill-managed investments, S&P Global Ratings said. China’s slowing economy and enforcement of environmental protection rules have pressured the profitability and cash flow of Shandong companies in over-capacity sectors including oil refining, petrochemicals, steel, aluminium and textiles, S&P said. “The Shandong economy is skewed toward gritty smoke-stack industries where companies are typically highly leveraged,” said Chang Li, China country specialist for S&P Global Ratings.


“We view the plight of Shandong POEs (privately owned enterprises) as indicative of China’s wider challenge: the difficulty of transitioning to a higher value-added economy, while managing high debt and slowing growth.” Private firms in Shandong are also frequent users of the cross guarantee, which has the potential to send one company’s liquidity problems reverberating through the credit system, the ratings agency said. Reuters reported in February, citing court rulings, that at least 28 private companies in Dongying, a hub for oil refining and heavy industry in Shandong, are seeking to restructure their debts and avoid bankruptcy, mainly due to souring loans that they guaranteed for other firms.

Read more …

Places with mass protests in yesterday’s list: Chile, Ecuador, Lebanon, Barcelona, France, London, Puerto Rico, Hong Kong, Iraq.

New additions today: Guinea, Bolivia, Algeria, Haiti, Egypt, Pakistan, Brazil.

Chile’s Deadly Weekend Of Fire As Youth Anger Ignites (R.)

Chile’s capital Santiago has been singed by fire. In riots sparked by anger over fare hikes, masked and hooded protesters have torched buses, metro stations, supermarkets, banks and the high-rise headquarters of a major energy firm. Around the city, flames and smoke mixed with tear gas and water cannon spray as armed forces mobilized on the streets for the first time in almost 30 years in a country that still shudders at the memory of military rule. Fare-dodging protests largely by school children and students exploded into violent riots on Friday.


Amid the looting, arson and clashes, thousands of residents of rich and poor neighborhoods alike also took to the streets to express a more widespread discontent over rising living costs and patchy public services that is boiling beneath the surface of one of South American’s wealthiest and most liberal economies. The demonstrations spread around the country over the weekend, and there was little sign of tempers cooling. “This is not a simple protest over the rise of metro fares, this is an outpouring for years of oppression that have hit mainly the poorest,” Karina Sepulveda, an anthropology student, told Reuters at a protest in central Santiago on Sunday as she banged a frying pan with a wooden spoon. “The illusion of the model Chile is over. Low wages, lack of healthcare and bad pensions have made people tired.”

Read more …

Fire them all. And then sue them for wrongful death.

Boeing Expresses Regret As Text Messages Plunge Company Into New Crisis (R.)

Boeing Co. said on Sunday that it regrets and understands concerns raised by the release of a former Boeing test pilot’s internal instant messages noting erratic software behaviour two years before deadly crashes of its 737 Max jet. The world’s largest plane maker, plunged into a fresh crisis over the safety of the banned 737 Max after Reuters reported the messages on Friday, also said it was investigating the “circumstances of this exchange” and regretted the difficulties that the release of messages presented for the U.S. Federal Aviation Administration (FAA).

The FAA on Friday ordered Boeing chief executive Dennis Muilenburg to give an “immediate” explanation for the delay in turning over the “concerning” document, which Boeing discovered some months ago. In the messages from November, 2016, then-chief technical pilot Mark Forkner tells a colleague that what’s known as the MCAS anti-stall system – the same one linked to deadly crashes in Indonesia and Ethiopia – was “running rampant” in a flight-simulator session. At another point, he says: “I basically lied to the regulators (unknowingly).” The messages prompted a new call in the U.S. Congress for Boeing to shake up its management as it scrambles to rebuild trust and lift an eight-month safety ban of its fastest-selling plane.


“We understand entirely the scrutiny this matter is receiving, and are committed to working with investigative authorities and the U.S. Congress as they continue their investigations,” Boeing said in its statement on Sunday. The instant messages prompted harsh reactions from several Democratic lawmakers in Washington, with Representative Peter DeFazio saying, “This is no isolated incident.” “The outrageous instant-message chain between two Boeing employees” suggests “Boeing withheld damning information from the FAA,” Mr. DeFazio, who chairs the U.S. House transportation committee, said on Friday.

Read more …

 

 

 

 

 

Oct 202019
 
 October 20, 2019  Posted by at 9:45 am Finance Tagged with: , , , , , , , , , , , ,  20 Responses »


Rembrandt van Rijn The three trees 1643

 

Hillary Clinton Bails On DC Event That Tulsi Gabbard Is Attending (NYP)
Dems Introduce Legislation To Block G7 Summit At Trump’s Doral Resort (Fox)
Trump Ditches Plan To Host G7 At Doral Resort: ‘Irrational Hostility’ (G.)
Trump Campaign Mocks Outrage Over Mulvaney Comments With T-Shirts (ZH)
UK PM Sends Unsigned Request For Brexit Delay (BBC)
Brexit Delay And Election Better Than Johnson’s Deal – Farage (R.)
Parliament Tethers Britain to a Failing Experiment (OffG)
“European Values” Is Slang For “European Power” (OffG)
Libor Rigging Inquiry Shut Down By Serious Fraud Office (BBC)
Boeing Board To Meet In Texas As Scrutiny Intensifies (R.)
The Not-Com Bubble Is Popping (Atl.)
Iraq Cleric Sadr Urges Supporters To Continue Anti-Government Protests (Rudaw)
10 Australia MPs Join Forces To Bring Home Julian Assange (DT.au)

 

 

NOTE: none of the people in the clip below have denied beating their wives.

Hillary Clinton Bails On DC Event That Tulsi Gabbard Is Attending (NYP)

It looks like the “Queen of Warmongers” blinked. A face-to-face confrontation between Hillary Clinton and Hawaii Rep. Tulsi Gabbard set for next Friday was averted when Clinton backed out of the Fortune Most Powerful Women Summit in Washington, DC. Clinton aides cited a scheduling conflict when she announced her withdrawal from a speaking slot at the annual event. One insider told Slate that Clinton dropped out to protest the inclusion of former Homeland Security Secretary Kirstjen Nielson on the schedule. But Gabbard is on the bill, too — and Clinton’s pull-out came just hours after the former Secretary of State on Friday accused the Hawaii Democrat of being the “favorite of the Russians” on a podcast.


“I think they’ve got their eye on somebody who is currently in the Democratic primary and are grooming her to be the third-party candidate,” Clinton said. Gabbard fired back with a venomous tweet. “Thank you @HillaryClinton,” she posted. “You, the queen of warmongers, embodiment of corruption, and personification of the rot that has sickened the Democratic Party for so long, have finally come out from behind the curtain.” Gabbard continued the retort during an appearance on Tucker Carlson Tonight: “The reason why she’s doing this is because ultimately she knows she can’t control me. I stand against everything that she represents.”

Read more …

And these people have no idea when they’re being uber trolled. They use their political clout to spend taxpayer money on hot air.

Dems Introduce Legislation To Block G7 Summit At Trump’s Doral Resort (Fox)

A trio of House Democrats introduced legislation Friday to block President Trump from hosting next year’s G7 summit at one of his Florida resorts. Reps. Lois Frankel from Florida, Bennie Thompson from Mississippi and Steve Cohen from Tennessee proposed the Trump’s Heist Undermines the G-7 (THUG) Act. A companion bill sponsored by Sens. Richard Blumenthal, D-Conn., and Sheldon Whitehouse, D-R.I., will be introduced in the Senate, according to lawmakers. The House bill would prohibit funding for the three-day summit at Trump National Doral Golf Club in June. It would also require Trump to submit to Congress documents related to the decision to host the summit at Doral, lawmakers said.


“[Trump] is unashamed of his corruption,” Frankel said in a press release. “He is abusing the office of the presidency and violating law by directing millions of dollars of American and foreign money to his family enterprises by holding an important meeting of world leaders at his Doral resort.” Acting White House Chief of Staff Mick Mulvaney made the announcement on Thursday that next year’s G7 meeting will be held at Doral June 10-12. Mulvaney said the decision will save taxpayers millions because the resort will provide its services at cost. Democratic lawmakers claimed Friday that past G7 summits have cost “upwards of $40 million.”

Read more …

Meanwhile, the press and the Democrats have provided Trump with first of all a big laugh, plus an enormous amount of free advertizing for his resort. And they’re all righteous about it, they celebrate it as a major victory. Here’s the Guardian: “Donald Trump has been forced into a humiliating climbdown”.. Good god. Ditch the blinders.

Trump Ditches Plan To Host G7 At Doral Resort: ‘Irrational Hostility’ (G.)

Donald Trump has been forced into a humiliating climbdown over plans to host the G7 meeting at his own luxury resort following a political outcry. The US president announced in a Saturday night tweet that he had reversed his decision and would seek an alternative venue to host world leaders next June. The move represented a rare admission of defeat by Trump, who typically digs in and fights to defend every controversial statement and policy. Even in his concession, the president complained bitterly that he thought he was “doing something very good for our country” by choosing the Trump National Doral, near Miami, to host G7 leaders.

“It is big, grand, on hundreds of acres, next to Miami international airport, has tremendous ballrooms & meeting rooms, and each delegation would have … its own 50 to 70 unit building,” he tweeted. Trump added that he had announced he would do it at no profit and at no cost to the US but, he claimed, both the media and Democrats had reacted unreasonably. “… Therefore, based on both media & Democrat crazed and irrational hostility, we will no longer consider Trump National Doral, Miami, as the host site for the G-7 in 2020,” the president continued. “We will begin the search for another site, including the possibility of Camp David, immediately. Thank you!”

The choice of the Trump National Doral was widely condemned as the most egregious example yet of the president abusing his position to enrich himself and his business. The resort was in need of a boost: in May the Washington Post reported that Doral’s operating income had fallen 69% since 2015. Trump’s u-turn was welcomed by ethics watchdogs. Noah Bookbinder, executive director of Citizens for Responsibility and Ethics in Washington, said: “President Trump’s decision to award the G7 Conference to his own property was outrageous, corrupt and a constitutional violation. “It was stunningly corrupt even for a stunningly corrupt administration. His reversal of that decision is a bow to reality, but does not change how astonishing it was that a president ever thought this was appropriate, or that it was something he could get away with.”

Read more …

And of course the trolling continues, certainly after the success of the Doral narrative.

Trump Campaign Mocks Outrage Over Mulvaney Comments With T-Shirts (ZH)

The Trump campaign’s latest trolling (after selling plastic straws and “Where’s Hunter?” T-shirts) comes after acting White House Chief of Staff Mick Mulvaney told reporters last week that there’s “going to be political influence in foreign policy,” suggesting that the media “get over it.” In response, the Trump campaign turned Mulvaney’s comment into yet another T-shirt, as the rest of the media foused on his seeming admission that there was a quid pro quo with Ukraine. “Did he also mention to me in past the corruption related to the DNC server? Absolutely,” Mulvaney told reporters. “No question about that. But that’s it, and that’s why we held up the money.”


This was quickly seized on by White House reporters, who said Mulvaney described a quid pro quo for holding up security assistance to Ukraine unless the country’s alleged involvement with the DNC server was investigated. Mulvaney, later retracted his statement – saying “Let me be clear, there was absolutely no quid pro quo between Ukrainian military aid and any investigation into the 2016 election. The president never told me to withhold any money until the Ukrainians did anything related to the server.”

Read more …

Is there anybody left who knows where things stand? This move feels convoluted. 1 million protesters yesterday in London.

UK PM Sends Unsigned Request For Brexit Delay (BBC)

Boris Johnson has sent a request to the EU for a delay to Brexit – but without his signature. The request was accompanied by a second letter, signed by Mr Johnson, which says he believes that a delay would be a mistake. The PM was required by law to ask the EU for an extension to the 31 October deadline after losing a Commons vote. EU Council President Donald Tusk tweeted that he had received the extension request. He added he would now consult EU leaders “on how to react”. Hours after losing a crunch vote in a historic Saturday session in the House of Commons, the prime minister ordered a senior diplomat to send an unsigned photocopy of the request for a delay, which was forced on him by MPs last month.


The second letter from Mr Johnson – signed off this time – makes clear he personally believes a delay would be a mistake. It says the government will press on with efforts to pass the revised Brexit deal agreed with EU leaders last week into law, and that he is confident of doing so by 31 October. A cover note from Sir Tim Barrow, the UK’s representative in Brussels, explained the first letter complied with the law as agreed by Parliament. The prime minister previously said he would “rather be dead in a ditch” than ask the EU to delay Brexit. BBC Political Editor Laura Kuenssberg described the decision to send three documents as “controversial”, predicting “there will be a fight about whether Boris Johnson is trying to circumvent the court”. She added: “This is heading straight for the court, and it may very quickly end up in the Supreme Court.

Read more …

Farage thinks he can win bigly in the elction.

Brexit Delay And Election Better Than Johnson’s Deal – Farage (R.)

Brexit Party leader Nigel Farage said on Sunday a short delay to Brexit in order to hold a national election would be better than accepting Prime Minister Boris Johnson’s deal. “I want to leave on the 31 of October, but I’ll warn everybody that if this treaty goes through nothing will have changed at all, and I think far better to have a short delay and a general election where we might solve this,” Farage told Sky News, adding that Johnson’s deal was “rotten” and “not Brexit”.

Read more …

I like this from OffGuardian. We need alternative views. Part is on Britain…

Parliament Tethers Britain to a Failing Experiment (OffG)

Brexit isn’t going to happen. Left or Right – Lexit or Rexit – it’s over. It’s time to make peace with that idea. Penned in by the absurd Benn Act, No Deal is off the table, which means Britain will be forced to either remain or accept a deal that’s Remain by another name. The Letwin Ammendment and Johnson’s unsigned extension request are just morbid theatre. Unneccasary nails in a well-sealed coffin. It’s all very Weekend at Bernies’ – A lame cast of characters, puppeteering Brexit’s corpse to keep up a tired joke that was never funny to begin with. Parliament has become an absurd pantomime, where a clown Prime Minister – his majority willfully destroyed – sets up straw men that the “opposition” bayonet with increasingly maniacal glee.

No thought is given to policy or consequences, only increasing the tally of Boris Johnson’s parliamentary defeats. Labour, and the bedraggled, hysterical remainers in the Lib Dems/TIG/Green Party, have become nothing but contrarians – automatically gain-saying anything tabled by the government for the simple joy of humiliating the nation’s Court Jester in Chief. Corbyn has been so successfully gaslighted by his remain-heavy PLP he doesn’t even realise he’s betraying his life-long principles, his mentor Tony Benn, and entire swaths of the Labour’s Northern heartlands, who all voted to leave. When a general election does come, it will mean nothing.

Labour will likely be destroyed as working-class voters either flock to the Brexit Party or simply collapse into the apathy of the voiceless, and stay home. If Labour scrapes together enough voters from Remain country in Scotland and London to claw their way to a small majority, well their socialist manifesto will be crippled by the EU’s austerity policy and restrictions on nationalisation. In either event, Corbyn will be replaced by a New Labour non-entity of little renown and less worth. The papers will declare socialism dead (again), and maybe clap Corbyn on the shoulder for doing “well, considering” and “changing the conversation”.

Read more …

…and Kit Knightly unloads on the EU as well.. (2nd part of same article)

“European Values” Is Slang For “European Power” (OffG)

France is miserable, sick of austerity. Sick of spending cuts and falling standards and neo-liberal economics promising a trickle-down that never seems to come. In Paris – and many other French cities – the Yellow Vests are nearing their fiftieth straight week of protests, and don’t seem to be slowing down (Hopefully they plan something nice for their first birthday). People have lost eyes, hands, even lives. The Hong Kong protests – so long front-page news in the UK – have been a picnic in comparison. In Hungary, an elected President is held hostage by the bureaucracy of the EU. Whatever you think of Orban, he was democratically elected to enact the political promises he made during his campaign.

That Brussels can sanction him, and threaten to remove Hungary’s voting rights, is perverse. Anti-democracy in the name of democracy. They say it’s about “protecting European values”, but is it? That’s pretty hard to believe, considering the situation elsewhere in Europe… Spain will join France in the flames soon. They already sent thirteen politicians to prison for sedition. Take a moment to consider that – actual “sedition”. This comes after sending in riot police to break up a peaceful referendum. Spanish police beat voters, arrested protesters and destroyed ballot boxes. Madrid has faced no punishment, or even criticism, for this. They – unlike Orban – have escaped any sanction or censure.

Police attack Catalonian independence protests on the streets of Barcelona…and Brussels’ silence is deafening. (Imagine Russia had just jailed 13 opposition politicians for sedition. Imagine Maduro was blinding protestors with rubber bullets. The difference in coverage and attitude would be breathtaking.) What is the difference between Budapest and Paris? Or Moscow and Madrid? Well, Orban is anti-EU (as are the Gilets Jaunes). The governments of France and Spain are Pro EU, with a ferocity that fully justifies the capital P. Follow a pro-EU agenda of austerity, uncontrolled immigration and globalisation and you can blind as many protesters as you want. The harder you look, the more it seems “European values” is slang for “European power”.

Read more …

Just a rumor: “The decision comes because of evidence that implicates the Bank of England”

Libor Rigging Inquiry Shut Down By Serious Fraud Office (BBC)

An investigation into the rigging of Libor, the benchmark interest rate that tracks the cost of borrowing cash, has been unexpectedly closed. The decision comes despite evidence that implicates the Bank of England. It means no one will now be prosecuted in the UK for so-called “low-balling”, where banks understate interest rates they pay to borrow cash. The Serious Fraud Office (SFO) said its decision followed a detailed review of the evidence. Thirteen traders and money brokers were prosecuted over four years by the SFO in connection with rigging Libor.


Six have been prosecuted by the US Department of Justice (DoJ). A further 11 traders have been prosecuting for manipulating Euribor, the eurozone equivalent of Libor. The SFO said aspects of its Euribor investigation remain open. In a statement, the SFO said: “Following a thorough investigation and a detailed review of the available evidence, there will be no further charges brought in this case. This decision was taken in line with the test in the Code for Crown Prosecutors.” The code states that the evidence must support a realistic prospect of conviction and must be in the public interest.

Read more …

The people who demanded the cost cuts that led to the drama now get together to fire a few 1000 employees. They should first fire themselves.

Boeing Board To Meet In Texas As Scrutiny Intensifies (R.)

Boeing Co’s board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet. The meeting comes as pressure mounts on the world’s largest planemaker not only from investigations into the 737 MAX following two deadly crashes, but also from the financial burden caused by the jet’s safety ban and continued high production. Several industry sources said there was speculation inside the company of significant job cuts as Boeing, unable to deliver 737 MAX planes to customers, continues to drain cash.


And although Boeing has so far told suppliers it expects to maintain a production rate of 42 single-aisles monthly with plans to increase to a record level next near, rates may have to come down if regulators further delay the MAX’s return to service, the people said. The schedule for the board’s face-to-face meetings was set for Sunday and Monday in San Antonio, one of the people said, two days before Boeing reports earnings on Oct. 23. The week after, Boeing Chief Executive Officer Dennis Muilenburg – who was stripped of his job as board chairman eight days ago – is due to testify before U.S. Congress about the plane’s development.

Read more …

WeWork is not a mass mania?

The Not-Com Bubble Is Popping (Atl.)

It is easy to look at today’s crop of sinking IPOs—like Uber, Lyft, and Peloton—or scuttled public offerings, like WeWork, and see an eerie resemblance to the dot-com bubble that popped in 2000. Both then and now, consumer-tech companies spent lavishly on advertising and struggled to find a path to profit. Both then and now, companies that bragged about their ability to change the world admitted suddenly that they were running out of money. Both then and now, the valuations of once-heralded tech enterprises were halved in a matter of weeks. Both then and now, there was a widespread sense of euphoria curdling into soberness, washed down with the realization that thousands of workers in once-promising firms were poised to lose their jobs.

But if you look closer, today’s correction isn’t much like the dot-com bubble at all. In fact, it might be more accurate to say that what’s happening today is the very opposite of the dot-com bubble. Let’s first understand what exactly that bubble was: a mania of stock speculation, in which ordinary investors—from taxi drivers to Laundromat owners to shoe-shiners—bid up the price of internet-related companies for no good reason other than “because, internet.” Companies realized that they could boost their stock price by simply adding the prefix e- (as in “e-Bay”) or the suffix com (as in Amazon.com) to their corporate names to entice, and arguably fool, nonprofessionals. “Americans could hardly run an errand without picking up a stock tip,” The New York Times reported in its postmortem.

[..] When the web browser Netscape went public on August 9, 1995—the day many cite as the beginning of the dot-com bubble—its stock skyrocketed from $28 to $75 in a matter of hours, even though the company wasn’t profitable. In today’s market, the opposite is happening: Unicorns with no positive earnings are getting slaughtered at the gates. WeWork’s valuation fell more than 80 percent pre-IPO when investors balked at its mounting losses. Peloton, Lyft, and Uber have also struggled to persuade public markets to grade them on a curve; all saw their stock prices fall on the day of the public offering. Institutions and retail investors are refusing to fork over to unicorns the valuations that private investors were expecting—particularly Softbank, a major backer of Uber, Lyft, and WeWork. This isn’t a picture of mass mania. It’s a picture of public sobriety, where the masses are diagnosing an acute fever in private markets.

Read more …

My list of mass protests yesterday included Chili, Ecuador, Lebanon, Barcelona, France, London, Puerto Rico, Hong Kong. Today we can add Iraq.

Iraq Cleric Sadr Urges Supporters To Continue Anti-Government Protests (Rudaw)

Firebrand Shiite cleric Muqtada al-Sadr has called on Iraqis to resume the nationwide protests against corruption, unemployment, and the lack of public services. Several of Iraq’s central and southern cities, including the capital Baghdad, were rocked by violent protests in early October, which left at least 108 dead and more than 6,000 injured. In a long statement published on his Facebook page late on Saturday, Sadr called on his supporters and the public to return to the streets on Friday, October 25 to resume the protests.


Sadr is head of the Sayirun alliance, the largest bloc in the Iraqi parliament. He is also head of the Saraya al-Salam militia, which is part of Popular Mobilization Forces (PMF) umbrella, also known as Hashd al-Shaabi in Arabic. “The government leaders and politicians are in a state of fear because of you, they are completely unable to fix anything within this country,” Sadr’s statement read. “Therefore, I ask everyone to start the revolution which will clean Iraq from corrupters and fools.” Sadr has withdrawn his backing for the government of Adil Abdul-Mahdi in the wake of the protests and called for fresh elections. He accused Iraq’s top politicians of being under the influence of foreign powers – particularly arch rivals Iran and the United States.

Read more …

Is something positive happening? I’m not holding my breath for Australia to stand up to the US.

10 Australia MPs Join Forces To Bring Home Julian Assange (DT.au)

A group of 10 MPs from across the political spectrum have joined forces to form a Parliamentary Working Group focused on bringing home Wikileaks founder Julian Assange. LNP member George Christensen and independent Andrew Wilkie have agreed to be co-chairs and have put forward the proposed group for approval from the President of the Senate and the Speaker of the House of Representatives. It is understood the group includes Nationals MP Barnaby Joyce, members of the Labor Party and the cross bench. Mr Wilkie told News Corp Australia he hopes the group will raise the profile of Assange’s case and educate the public.

He believes people who may have been wary of Assange because of the rape allegations levelled against him will change their view when they know what is happening. He said Assange has not been charged with rape and the attempts to extradite him to the US have nothing to do with those allegations. Assange, 48, faces 18 counts in the US including conspiring to hack government computers and violating an espionage law. Australian Barrister Greg Barnes, who is acting as an Adviser to the Assange campaign said: “People are quite naive and misunderstand what is going on.” “If the United States get their way, he will probably be tried in secret, in a kangaroo court and given life in jail.”

The formation of the group comes ahead of Assange’s scheduled court appearance in London on Monday and calls for the Federal Government to intervene on Assange’s behalf. Assange is being detained in one of Britain’s toughest prisons Belmarsh and his legal team have warned his health is deteriorating. A full extradition hearing is not expected to go ahead until February. Mr Barnes said it is the first time that the US has sought to use its laws to prosecute a person who did not commit an act in a US jurisdiction or have any links to the US. “It is a dangerous step and it means that any journalist or person who publishes material deemed to be classified under US espionage laws could be prosecuted irrespective of having any link to the US.”

Read more …